FedEx reported quarterly earnings that beat Wall Street expectations, with adjusted EPS of $3.74 versus $3.36 expected and revenue of $22.86 billion versus $22.42 billion. Net income was $290 million, or $1.21 per share, down from $650 million, or $2.73 per share, a year earlier. The company raised its full-year adjusted EPS outlook to $18 to $18.60 from $16.90 to $18.10 and lifted its 2026 revenue growth expectation to roughly 12% from 11%. It is the first report since FedEx moved its fiscal year-end from May to December and spun off FedEx Freight; shares fell slightly after hours. Jamere Jackson was named CFO effective Nov. 30.
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