FedEx Freight raises Q4 adjusted EPS outlook to $0.65-$0.75
FDX•FedEx Freight raised its fourth-quarter adjusted EPS outlook to $0.65-$0.75. It also forecast adjusted EPS of $2.80-$2.90 for the seven months ending December 31, 2026, and revenue of $5.58 billion-$5.65 billion.
1. Updated outlook
FedEx Freight now expects fourth-quarter adjusted operating income of $185 million-$205 million. For the seven months ending December 31, 2026, it forecasts adjusted operating income of $695 million-$715 million. The higher outlook reflects increased fuel expectations, supported by early benefits from stabilizing volume and base yield. In the first four months, adjusted operating income was $510 million, up 16% year over year, with a 15.5% adjusted operating margin.
