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FedEx stock drops 6% despite strong Q4 results
FedEx announced strong profits in the fourth quarter of 2026, with adjusted earnings per share reaching $6.31 and revenues amounting to $25 billion, surpassing analyst expectations. However, the company projected earnings per share for fiscal year 2026 to fall between $16.90 and $18.10, below the forecasted $19.86, leading to a more than 6% decline in its stock during pre-market trading. These new projections come amid challenges facing the global delivery sector, such as changes in trade policies and weak demand for electronic shipments.
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