FedEx will report fiscal fourth-quarter earnings on June 23 with analysts projecting $5.91 EPS on $24.18B revenue driven by its DRIVE cost-cutting program and AI-enabled expense savings. Shares hit a record high of $345.37 and are up 44% YTD; options traders price an 8.5% post-earnings swing reflecting bearish put/call sentiment.
FedEx will report fiscal fourth-quarter earnings on June 23 with analysts forecasting $5.91 per share on $24.18 billion in revenue, driven by the DRIVE cost-cutting program and artificial intelligence-led expense reductions.
Shares reached an intraday record of $345.37 on June 15, marking a 44% year-to-date gain while the 14-day Relative Strength Index sits at 28.5, signaling oversold technical conditions despite historic highs.
Options traders are pricing in an 8.5% potential post-earnings share swing, surpassing the 5.5% historical average, and the 10-day put/call volume ratio of 3.19 now ranks in the 97th percentile, indicating elevated bearish sentiment.
The DRIVE program and deployment of artificial intelligence are expected to lower operating expenses and bolster margins as the company navigates tariff refunds and potential cost headwinds.
Seekingalpha
