Earnings call transcript: FedEx Q2 2026 beats earnings expectations, stock rises

FedEx has raised the low end of its full-year profit and sales outlook, indicating that its cost-cutting measures and restructuring of delivery networks are proving effective as demand for shipping improves. The company now expects adjusted earnings of $17.80 to $19 per share for the fiscal year, following a second-quarter profit that exceeded expectations.

FedEx reported a higher second-quarter revenue, driven by an increase in package volumes, prompting the company to raise the lower end of its profit outlook for the fiscal year. This adjustment reflects a positive trend in demand for shipping services despite ongoing challenges in global trade dynamics.

FedEx has raised its adjusted earnings forecast for the fiscal year to a range of $17.80 to $19 per share, increasing the low end of its previous profit estimate. This adjustment positions the midpoint above the average analyst estimate of $18.28 per share, as reported by Bloomberg.