U.S. Movers: AeroVironment, BlackBerry, Carnival, FedEx

Scott Peters
25 Jun, 2025
New York City

Carnival Corp. eased 0.2% to $25.66 after the cruise company reported results for the fiscal second quarter ending on May 31.

Revenue edged up to $6.33 billion from $5.78 billion, net income surged to $565 million from $92 million, and diluted earnings per share rose to 42 cents from 7 cents a year ago.

The company guided full-year adjusted net income to increase 40% compared to 2024 and better than March guidance by $200 million.

Furthermore, the cruise operator estimated adjusted EBITDA of approximately $6.9 billion, an increase of over 10% compared to the prior year and better than March guidance.

FedEx Corp. dropped 6% to $215.84 after the parcel delivery company reported results for the fiscal fourth quarter ending on May 31.

Revenue jumped to $22.22 billion from $22.11 billion, net income climbed to $1.65 billion from $1.47 billion, and diluted earnings per share rose to $6.88 from $5.94 a year ago.

During fiscal 2025, the company returned $4.3 billion to stockholders through $3.0 billion of stock repurchases and $1.3 billion of dividend payments, and as of May 31, $2.1 billion remained under the company’s 2024 stock repurchase authorization.

Furthermore, FedEx raised its annual dividend by 5% to $5.80 per share.

The logistics company guided first-quarter revenue to be flat to up 2%, compared to $21.6 billion, and diluted earnings per share to be between $2.90 and $3.50, compared to $3.60 a year earlier, respectively.

Excluding costs related to business optimization initiatives and the planned spin-off of FedEx Freight, the company expects diluted earnings per share to be between $3.40 and $4.00 in the current quarter.

BlackBerry Ltd. surged 6.9% to $4.63 after the Canadian software company reported results for the fiscal first quarter of 2026 ending on May 31.

Revenue edged down to $121.7 million from $123.4 million, net income swung to a profit of $1.9 million from a loss of $41.4 million, and diluted earnings per share were breakeven compared to a loss of 7 cents a year ago.

The company guided second-quarter revenue to be between $115 million and $125 million, compared to $145 million; adjusted EBITDA between $8 million and $14 million, compared to breakeven; and non-GAAP earnings per share between breakeven and 1 cent, compared to breakeven a year earlier, respectively.

For the full year, the software provider estimated revenue to be between $508 million and $538 million, compared to $534.9 million; adjusted EBITDA between $72 million and $87 million, compared to $84.2 million; and non-GAAP earnings per share between 8 cents and 10 cents, compared to 2 cents in the prior year, respectively.

During the first quarter, the company returned $10 million to shareholders by the repurchase of 2.57 million shares.

AeroVironment Inc. gained 0.8% to $194.90 after the defense technology company reported results for the fiscal fourth quarter of 2025 ending on April 30.

Revenue surged to $275.05 million from $196.98 million, net income jumped to $16.66 million from $6.05 million, and diluted earnings per share rose to 59 cents from 22 cents a year ago.

As of April 30, the company announced a funded backlog of $726.6 million, compared to $400.2 million in 2024, and bookings during the fiscal year were $1.2 billion.

The defense technology provider guided full-year revenue to be between $1.9 billion and $2.0 billion, compared to $820.6 million; adjusted EBITDA between $300 million and $320 million, compared to $146.4 million; and diluted earnings per share between $2.80 and $3.00, compared to $3.28 a year ago, respectively.