FedEx Corporation
- FedEx decreased 6.7% to $295.25 after the parcel delivery company reported its results for the fiscal fourth quarter ending in May.
Revenue increased to $25.0 billion from $22.2 billion, net income edged lower to $1.60 billion from $1.65 billion, and diluted earnings per share eased to $6.60 from $6.88 a year ago.
The company completed the spinoff of FedEx Freight on June 1, and the freight company paid a cash dividend of $4.1 billion to FedEx Corporation.
During fiscal 2026, FedEx returned approximately $2.2 billion to stockholders through the combination of $776 million of stock repurchases and $1.4 billion of dividend payments.
As of the end of May, $1.3 billion remained available under the company's 2024 stock repurchase authorization.
FedEx estimated revenue to decline 11% and diluted earnings per share from continuing operations to range between $16.55 and $17.75 for the calendar year 2026.
Jun 24, 2026
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