FedEx posts transcript of Q4 FY 2026 earnings call

FedEx Corporation

FedEx Corporation

FDX

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  • FedEx discussed Q4 2026 results on an earnings call attended by the CEO, the chief customer officer, the interim CFO, and the investor relations head.
  • Management launched calendar 2026 outlook as it shifts to a Dec. 31 year-end; adjusted EPS seen at $16.90-$18.10.
  • Adjusted free cash flow reached $4.7 billion for the year; CapEx was $3.8 billion; CapEx for calendar 2026 targeted at $3.9 billion.
  • FedEx Freight spin completed June 1; stake to be monetized tax-efficiently within 24 months; Freight equity marks excluded from guidance.
  • Network 2.0 savings target reiterated at nearly $1 billion by end of calendar 2026; management expects full MD-11 fleet back before peak.


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