FedEx Corporation (NYSE:FDX) posted better-than-expected financial results for the first quarter of fiscal 2026 on Thursday after the bell.
FedEx reported first-quarter revenue of $22.2 billion, beating analyst estimates of $21.67 billion, according to Benzinga Pro. The company reported first-quarter adjusted earnings of $3.83 per share, beating estimates of $3.62 per share.
“Our strategic initiatives, paired with our unique operational data platform from moving 17 million packages through our network daily, position us well to serve our customers in any environment and to create long-term value for our stockholders,” said Raj Subramaniam, president and CEO of FedEx.
FedEx expects revenue to be up 4% to 6% on a year-over-year basis in fiscal 2026. The company also …