FedEx Surpasses Q1 Earnings & Revenue Estimates, Improves Y/Y
Key Takeaways FedEx posted fiscal Q1 EPS of 22.2B, topping estimates and improving year over year.Operating margin rose to 5.3% as U.S. package revenue strength and cost cuts boosted quarterly results.FedEx plans to spin off its Freight unit as a separate public company by June 2026 under ticker FDXF.FedEx Corporation (FDX) reported solid first-quarter fiscal 2026 results wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings (excluding 37 cents f ...