FedEx Shares Drop in After-Hours Trading as Current-Quarter Guidance Misses Estimates; High Yield Savings Offers Available for Investors
FedEx Corporation (NYSE: FDX) reported its fourth-quarter results on Tuesday, exceeding analysts' expectations with earnings per share of $6.07 on revenue of $22.2 billion. The company achieved structural cost reduction targets and reported $2.2 billion in cost cuts in fiscal 2025. However, the company's current-quarter guidance missed estimates, leading to a drop in shares of more than 4% in after-hours trading. Looking ahead to the first quarter of 2026, FedEx sees adjusted EPS of $3.40 to $4 on revenue growth of flat to 2%, missing estimates of $4.05 on revenue of $21.73 billion. Investors should keep an eye on FedEx's cost-cutting efforts and guidance for the upcoming quarter as the company continues to navigate the challenging logistics landscape. In addition to the financial news, there are some high yield savings offers available for investors. For example, you can earn 4.10% APY** on balances of $5,000 or more with Cit Bank, or earn up to 4.00% APY with Savings Pods at Current Bank. Another option is to earn up to 3.80% APY¹ & up to $300 Cash Bonus with Direct Deposit at SoFi Bank.
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