Search





Search





FedEx up after raising full-year forecast

ReutersMar 19, 2026 8:34 PM

Shares of FedEx FDX.N up 5.5% to $375.55 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%

FDX initiated operational transformation programs in certain international locations in January, which may lead to a reduction of about 5,000 operational employees

Transformation programs expected to occur over about 18 months and may include changing working locations and schedules for up to 800 operational employees

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

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Tradingkey

Recommended Articles

SpaceX Reported to File for IPO—Here Is Another Reason to Buy Amazon Stock

TradingKey - According to a report on Reuters, SpaceX has confidentially submitted an IPO to be the largest since the original record of $25 billion. SpaceX IPO would create another publicly traded company that focuses solely on providing customers with high-speed internet through the use of satelli

Amazon Talks to Acquire Globalstar: Can $9 Billion Deal Challenge SpaceX Starlink?

TradingKey - During after-hours trading on April 1, 2026, shares of satellite communications company Globalstar (GSAT) surged 24%, with its market capitalization briefly approaching $9 billion. The rally was triggered by an exclusive report from the Financial Times stating that e-commerce giant Amaz

OpenAI Completes $122 Billion Funding, How Far Is $852 Billion-Valued OpenAI From IPO?

TradingKey - On Tuesday, March 31, OpenAI officially announced the completion of its largest private funding round since its inception. The deal set a new global record for private financing, bringing the company's post-money valuation to $852 billion.

From Computing Power to Efficiency: OpenAI VS Claude Code

TradingKey - On April 1, 2026, the AI industry witnessed a dramatic contrast: OpenAI completed the largest financing round in Silicon Valley history amid surging capital enthusiasm, while the memory spot market suffered a “cliff-like” plunge, sending a chill through the sector. These seemingly contr

Helium’s 2026 Shock: Which Stocks are Most Affected

Most investors don’t spend much time thinking about helium. It’s the party-balloon gas… or at least that’s what most people think. But But behind the scenes, helium keeps a lot of high-end tech running - and supply has tightened fast lately.

Tradingkey

KeyAI

