FedEx earnings Q4 2026

What happened: FedEx reported Q4 2026 earnings that surpassed Wall Street estimates, driven by strong premium parcel and freight volumes. However, shares fell 6% in after-hours trading due to weak forward guidance. The company's revenue reached $25 billion, beating the $24.04 billion consensus forecast. Earnings per share (EPS) also exceeded expectations, coming in at $5.07 compared to the estimated $4.73.

Market impact: The mixed results led to a sell-off in FedEx shares, impacting the broader logistics sector. Investors reacted to the lower-than-expected forward outlook, indicating potential headwinds for the company and its peers. This shift in sentiment could lead to a reassessment of valuation multiples for transportation stocks.

What to watch next: FedEx's Q1 2027 earnings report, scheduled for late September, will provide further clarity on the company's outlook. Additionally, investors will closely monitor the U.S. economic data releases in the coming months to gauge the overall demand for transportation services.