
FedEx (FDX) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
FedEx (FDX) last issued guidance on April 13, 2026 for fiscal year 2026. The company guided earnings per share in the range of $19.3 - $20.1, compared to a consensus EPS estimate of $19.7. FedEx also guided revenue in the range of $93.2B - $93.64B for the period.
Compared to prior guidance, FedEx maintained its EPS outlook from a previous range of $19.3 - $20.1. On the revenue side, the company maintained its revenue forecast from a prior range of $93.2B - $93.64B.
FedEx has issued 18 guidance updates between September 22, 2022 and April 13, 2026. During this period, the company raised its outlook 8 times and lowered it 5 times, providing investors with insight into management's evolving expectations.
| Metric | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $5.94 | $4.13 | $4.09 | $3.63 |
| Actual | $6.31 | $5.25 | $4.82 | $3.83 |
| Surprise | +6.23% | +27.1% | +17.8% | +5.51% |
| Revenue | ||||
| Estimate | $24.06B | $23.52B | $22.83B | $21.71B |
| Actual | $25.00B | $24.00B | $23.50B | $22.24B |
| Surprise | +3.92% | +2.03% | +2.93% | +2.46% |
| Metric | Q3 '26E | Q4 '26E | Q3 '27E | Q1 '27E | Q4 '27E | Q2 '27E |
|---|---|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||||
| Consensus | $3.59 | $5.94 | $5.47 | $4.16 | $3.99 | $4.58 |
| Revenue | ||||||
| Consensus | $23.24B | $24.06B | — | $21.83B | — | $22.59B |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q4 | Jun 23, 2026 | $6.31 | $5.94 | 6.23 % |
| Q3 | Mar 19, 2026 | $5.25 | $4.13 | 27.1 % |
| Q2 | Dec 18, 2025 | $4.82 | $4.09 | 17.8 % |
| Q1 | Sep 18, 2025 | $3.83 | $3.63 | 5.51 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q4 | Jun 23, 2026 | $25.00B | $24.06B | 3.92 % |
| Q3 | Mar 19, 2026 | $24.00B | $23.52B | 2.03 % |
| Q2 | Dec 18, 2025 | $23.50B | $22.83B | 2.93 % |
| Q1 | Sep 18, 2025 | $22.24B | $21.71B | 2.46 % |