FedEx (FDX) Q1 2026 Earnings

Fedex On Thursday, the financial first quarter earnings report in the upper and bottom lines.

The stock increased by more than 5% on Thursday.

“Despite the significant volatility and uncertainty around the global trade environment and uncertainty around the global trade environment, our results show the flexibility we have created in our network,” CEO Raj Subramaniam calls on Thursday. He said. “In addition, through a developing demand environment to serve perfection to customers quickly adapted to the world -class team of our team reflects the commitment.”

The company performed in the first financial quarter compared to Wall Street’s waiting for a survey of LSEG’s analysts:

• Earning per share: $ 3.83 set and expected $ 3.59
• Revenues: Expected 22.24 billion dollars and 21.66 billion dollars

The package distribution company has released net income 820 million dollars or $ 3.46 per share. For the first financial quarter that ended on August 31, compared to $ 790 million compared to the previous year or $ 3.21 per share. The company, which was set for Fedex Freight Spin-Off costs and other changes, recorded a net revenue of $ 910 million or $ 3.83 per share.

The company reported that the average daily volumes in the US generally increased by 6%. Fedex said that segment operating results have seen improvements in this quarter due to higher domestic package volumes, but the Fedex load segment operating results fell due to lower income and higher wages.

The company said that compared to the Wall Street estimation, it has seen the increase in revenue between 4%and 6%in 2026. Fedex expects a estimation of $ 18.21, a $ 18.20 midpoint of $ 18.20, from $ 17.20 to $ 19 of full -year earnings per share for the financial year of 2026.

Subramaniam said on Thursday that the appearance reflects the remaining ones as a “a dynamic global operating environment”. The company said it creates a wind of $ 150 million from the global trade environment.

The company said that Fedex continues to return the Fedex burden to a public company with an expected completion date in June 2026.

Subramaniam said Fedex carries 17 million packages from his network every day. The Minister added that the company was flexible in the first quarter and adapted to the changing macroeconomic environment.

Last month, the exception of the “de minimis” exception, which allowed the US under $ 800 to enter the US -free, ended globally after President Donald Trump issued an executive order. As a result, Fedex announced It increased the shipping fees slightly.

The company said that most of the winds in the first quarter were due to the loss of minimis exception.

“Considering that a significant portion of our minimum volume exposure came from China before, we were able to use the experiences from experiences in May to help transporters to the elimination of more recent exemption in May.” He said.