Key Results (Quarter ended May 31, 2025):
Financial Performance:
Earnings per share: $6.07 adjusted vs. $5.84 expected
Revenue: $22.22 billion vs. $21.79 billion expected
Net income: $1.65 billion, or $6.88 per share, compared with $1.47 billion, or $5.94 per share, a year earlier
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Full Year Fiscal 2025:
Revenue was $87.9 billion, up from $87.7 billion in fiscal 2024
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Operational Highlights:
U.S. daily package volume was up 6% year over year
U.S. ground home delivery volume was up 10% year over year
FedEx achieved its target of $4 billion total in DRIVE savings by the end of fiscal 2025
The company announced plans for an additional $1 billion in cost savings for fiscal 2026
Future Guidance:
For Q1 fiscal 2026: Revenue forecasted to be flat to up 2% year over year, with adjusted earnings per share of $3.40 to $4.00
✓ Positive Highlights
- Beat earnings expectations by $0.23 per share
- Revenue exceeded estimates by $430M
- Achieved $4B cost-cutting target (DRIVE program)
- US package volume up 6% year-over-year
- Ground home delivery volume surged 10%
- Net income increased 12.2% compared to Q4 2024
- Q1 2026 EPS guidance below Street expectations
- $170M headwind from international export impacts
- China-US trade policy effects on de minimis shipments
- Stock down 18% year-to-date as of Tuesday’s close
