FedEx Targets Higher Revenue in Fiscal 2029

Dow Jones
02/12
 

By Kelly Cloonan

 

FedEx guided for higher annual revenue in fiscal 2029 as it prioritizes its higher-margin businesses.

The shipping company said Thursday it is targeting revenue of $98 billion for fiscal 2029, representing a compound annual growth rate of 4% compared with the midpoint of its fiscal 2026 outlook and excluding its freight business. The company recorded revenue of $87.9 billion for fiscal 2025, which ended last May.

Going forward, FedEx is working to prioritize growth in its high-margin businesses and scale its digital and artificial-intelligence capabilities, the company said.

"What sets this moment apart is the role of digital intelligence. This is a true force multiplier," Chief Executive Raj Subramaniam said, noting that digital intelligence will support profitable growth and higher margins.

FedEx also said it now expects adjusted earnings per share for its fiscal third quarter to exceed the consensus average as of Feb. 11. Analysts polled by FactSet expect adjusted earnings per share of $4.01 for the quarter.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

February 12, 2026 08:45 ET (13:45 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10