
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 October 28, 2026 for fiscal year 2026. The company guided earnings per share in the range of $18 - $18.6, compared to a consensus EPS estimate of $17.85. FedEx also guided revenue in the range of $98.45B - $98.45B for the period.
Compared to prior guidance, FedEx raised its EPS outlook from a previous range of $16.9 - $18.1. On the revenue side, the company maintained its revenue forecast from a prior range of $97.57B - $97.57B.
FedEx has issued 18 guidance updates between December 20, 2022 and October 28, 2026. During this period, the company raised its outlook 9 times and lowered it 4 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q4 '26 | Q3 '26 | Q2 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $3.36 | $5.94 | $4.13 | $4.09 |
| Actual | $3.74 | $6.31 | $5.25 | $4.82 |
| Surprise | +11.3% | +6.23% | +27.1% | +17.8% |
| Revenue | ||||
| Estimate | $22.54B | $24.06B | $23.52B | $22.83B |
| Actual | $22.86B | $25.00B | $24.00B | $23.50B |
| Surprise | +1.38% | +3.92% | +2.03% | +2.93% |
| Metric | Q4 '26E | Q1 '27E | Q3 '27E | Q4 '27E | Q2 '27E |
|---|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | |||||
| Consensus | $6.30 | $4.13 | $5.76 | $3.94 | $4.58 |
| Revenue | |||||
| Consensus | $25.19B | $22.69B | $24.21B | — | $22.59B |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 28, 2026 | $3.74 | $3.36 | 11.3 % |
| 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 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 28, 2026 | $22.86B | $22.54B | 1.38 % |
| 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 % |