FedEx's revenue up 2% to $22.2 billion in Q3 - Breaking The News

FedEx's revenue up 2% to $22.2 billion in Q3

20 March

1 min read

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FedEx Corp. announced on Thursday that its revenue in the third quarter of its fiscal 2025 stood at $22.2 billion, rising 2% compared to the same period a year prior. The figure topped analysts' expectations.

According to the report, the company achieved a net income of $910 million, while its diluted earnings per share (EPS) landed at $3.76, climbing from $3.51 reported in the same timeframe of fiscal 2024. FedEx revised down its outlook for the full 2025 fiscal year, and now expects its diluted EPS to be between $15.15 and $15.75 per share, compared to the previous forecast of $16.45 to $17.45 per share.

"The FedEx team delivered improved profitability, while navigating a very challenging operating environment, including a compressed Peak season and severe weather events," President and CEO Raj Subramaniam commented. FedEx's shares declined by 3.74% in after-hours trading following the release of the report.

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