FedEx Q3 Earnings Top Estimates on Higher Yields, 2026 Outlook Raised
FedEx exceeded Q3 earnings and revenue expectations with $3.74 EPS and $22.86B in revenues, driven by higher package yields, international growth, and Network 2.0 cost savings. The company raised its 2026 EPS guidance to $18.00-$18.60 and expects ~12% revenue growth. Other transportation peers showed mixed results, with Delta and United missing estimates while J.B. Hunt beat expectations.