FedEx reports fourth-quarter results on Wednesday, Oct. 28, after the bell, its first report since the June 1 Freight spinoff and its switch to a calendar fiscal year. Adjusted EPS of $6.31 beat the $5.95 consensus, marking five straight EPS beats, while revenue rose 12.5% to $25.01 billion. Operating income fell 21.94% as $205 million in Freight separation costs weighed on results. Interim CFO Claude Russ said Q3 will be the seasonally weakest quarter, with a $200 million pilot-contract drag on margins. Network 2.0 aims to route 65% of eligible volume through optimized stations before peak, targeting $2 billion in savings by the end of 2027.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Leaner Machine , Heavier Costs : Can FedEx Deliver Margin Growth on Oct . 28 After Freight Spinoff ?
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