FedEx Shares Slide on Weak Guidance Despite Earnings Beat
FedEx shares tumbled in extended trading after issuing softer-than-expected guidance for fiscal 2026, overshadowing a Q4 earnings beat. The logistics giant posted $6.07 EPS (versus $5.85 expected) and $22.2 billion revenue, but investors focused on the disappointing outlook of $3.40-$4.00 adjusted EPS for Q1 2026—below the $4.11 consensus.
Wall Street maintains cautious optimism, with 12 of 16 analysts rating FDX a Moderate Buy. The $268.07 average price target suggests potential upside, though macroeconomic pressures on shipping demand continue to weigh on sentiment.