FedEx Q2 Earnings

FedEx announced plans to spin off its freight division alongside mixed fiscal Q2 results.

The company exceeded earnings estimates but fell short on revenue.

FedEx reported adjusted earnings per share (EPS) of $4.05, slightly surpassing analysts’ expectations of $3.90.

However, revenue declined by 1% year-over-year to $21.97 billion, missing the anticipated $22.14 billion.

FedEx revised its adjusted earnings per share forecast to $19–$20, down from the earlier $20–$21 projection, citing ongoing demand challenges.

The company also announced plans to spin off its FedEx Freight division into a separate publicly traded entity within 18 months, aiming to unlock shareholder value and enhance operational focus.

Sources: FedEx News and Events

                FedEx-Q2-FY25-Earnings-Release

                FedEx-Q2-FY25-Earnings-Presentation

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