FedEx (FDX) to Release Earnings on Thursday

FedEx (NYSE:FDX) is expected to issue its Q3 2026 results after the market closes on Thursday, March 19th. Analysts expect the company to announce earnings of $4.12 per share and revenue of $23.4436 billion for the quarter. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Parties can find conference call details on the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, March 19, 2026 at 5:30 PM ET.

FedEx (NYSE:FDX) last announced its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The business had revenue of $23.47 billion for the quarter, compared to the consensus estimate of $22.79 billion. During the same period last year, the firm posted $4.05 earnings per share. FedEx’s quarterly revenue was up 6.8% on a year-over-year basis. On average, analysts expect FedEx to post $19 EPS for the current fiscal year and $22 EPS for the next fiscal year.

FedEx Trading Up 0.2%

Shares of FedEx stock opened at $352.54 on Tuesday. The company has a 50 day simple moving average of $347.59 and a two-hundred day simple moving average of $288.19. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The firm has a market cap of $82.89 billion, a PE ratio of 19.43, a PEG ratio of 1.67 and a beta of 1.29. FedEx has a 1 year low of $194.29 and a 1 year high of $392.86.

FedEx Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be paid a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 annualized dividend and a yield of 1.6%. FedEx’s payout ratio is 31.97%.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx announced a partnership with Returnity to roll out reusable, FedEx‑specific B2B shipping containers that could lower packing costs and support sustainability goals — a potential long‑term margin tailwind. FedEx partners with Returnity to introduce reusable boxes for B2B shipping
• Positive Sentiment: Analysts have been lifting targets and the consensus rating sits around “Moderate Buy,” signaling broker optimism ahead of the quarter. FedEx Corporation (NYSE:FDX) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Street research (Zacks/Yahoo) highlights rising Q3 estimates and expected margin support from DRIVE cost cuts, AI efficiencies and January rate hikes — factors likely propping up the stock into earnings. FedEx to Report Q3 Earnings: Should You Buy, Sell or Hold the Stock?
• Positive Sentiment: Technical analysts argue momentum could push FDX back toward year‑to‑date highs (~$391), which can attract momentum and swing traders ahead of the print. FedEx Stock Price Analysis Ahead Of Earnings: Buy Or Sell?
• Positive Sentiment: Broader market tailwinds — U.S. futures lifted by cooler oil prices — ease near‑term fuel‑cost pressure for carriers, supporting sentiment for transport names including FDX. U.S. Stock Futures in Green on Cooler Oil Prices
• Neutral Sentiment: Pre‑earnings previews dig into line‑item estimates beyond EPS/revenue, useful for investors modeling margins, volumes and capital allocation around the freight spin‑off. Countdown to FedEx (FDX) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
• Neutral Sentiment: Market previews emphasize oil and macro headlines as the main narratives for this earnings week — these can swing results interpretation but are external to FedEx’s core execution. ‘It’s all about oil’ as FedEx kicks off earnings this week
• Negative Sentiment: Competitive pressure: Amazon has surpassed the U.S. Postal Service as the largest U.S. parcel carrier, and independents are taking share — a structural headwind for FedEx’s volume and pricing power. Amazon overtakes US Postal Service as largest parcel carrier
• Negative Sentiment: Retail trader sentiment on Reddit has turned bearish around the planned freight spin‑off, which could increase short interest and create volatility into the separation date. FedEx Is Up ~22% This Year but Reddit Traders Are Betting Against the Freight Spin-Off
• Negative Sentiment: Oil and geopolitical risk remain material: recent commentary warns oil spikes and Middle East shipping risks could raise fuel and operating costs, pressuring margins if prices surge. All Eyes on Oil! FedEx (FDX) to Report Q3 Earnings amid Middle East Shipping Risks

Institutional Trading of FedEx

Hedge funds have recently modified their holdings of the business. State Street Corp grew its position in shares of FedEx by 4.2% in the 4th quarter. State Street Corp now owns 9,521,691 shares of the shipping service provider’s stock worth $2,763,824,000 after buying an additional 382,848 shares during the period. Invesco Ltd. boosted its stake in FedEx by 3.1% during the third quarter. Invesco Ltd. now owns 3,618,898 shares of the shipping service provider’s stock worth $853,372,000 after acquiring an additional 108,426 shares in the last quarter. AQR Capital Management LLC grew its holdings in FedEx by 6.9% in the fourth quarter. AQR Capital Management LLC now owns 2,923,679 shares of the shipping service provider’s stock worth $844,534,000 after purchasing an additional 189,774 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of FedEx by 2.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,577,706 shares of the shipping service provider’s stock valued at $744,635,000 after purchasing an additional 70,141 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its stake in shares of FedEx by 5.8% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,235,689 shares of the shipping service provider’s stock valued at $527,198,000 after purchasing an additional 123,190 shares in the last quarter. Institutional investors own 84.47% of the company’s stock.

Analyst Upgrades and Downgrades

FDX has been the topic of several recent research reports. UBS Group increased their price objective on FedEx from $314.00 to $412.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Evercore boosted their target price on FedEx from $364.00 to $380.00 in a research report on Tuesday, February 24th. Stephens increased their price target on shares of FedEx from $330.00 to $405.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. The Goldman Sachs Group lifted their price target on shares of FedEx from $364.00 to $369.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Truist Financial boosted their price objective on shares of FedEx from $285.00 to $330.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $371.19.

About FedEx

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.