FedEx Set to Report $24.04 Billion Q4 Revenue as Spin-Off and Calendar Shift Cloud Outlook
Updated
Updated · CNBC · Jun 21
FedEx Set to Report $24.04 Billion Q4 Revenue as Spin-Off and Calendar Shift Cloud Outlook
2 articles · Updated · CNBC · Jun 21
Summary
Tuesday’s FedEx report is expected to show fiscal 2026 fourth-quarter revenue of $24.04 billion and earnings of $5.96 a share for the March-to-May period.
June 1’s FedEx Freight spin-off and FedEx’s shift to a December fiscal year will complicate comparisons, with investors watching for guidance covering both a four-month June-to-September period and a seven-month transition window.
Profitability, free cash flow and CEO Raj Subramaniam’s commentary on the streamlined parcel business may matter more than the stock’s initial reaction, with any update on resuming buybacks also in focus.
FedEx Freight, now standalone, is expected to post $2.26 billion in sales and $1.53 EPS, with management due to discuss growth and spin-off costs at a Thursday investor day.
The earnings release lands in a busy week that also includes May PCE inflation data and Micron results, both key gauges for rate expectations and AI-driven chip demand.