FedEx up after raising full-year forecast

ReutersMar 19, 2026 8:16 PM

Shares of FedEx FDX.N up 1.2% to $360.40 after the bell

FDX now sees adj. profit for fiscal year ending May 31 between $19.30 and $20.10 per share vs prior projection of $17.80 to $19 per share

Expects full-year revenue to be up in the range of 6% to 6.5% year-over-year, vs previous forecast of a growth between 5% and 6%

Adj. earnings for the crucial winter holiday quarter rose to $5.25 per share from $4.51 a year ago

FDX has risen more than 23% YTD

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