FedEx reports Q4 revenue $21.9B, adj EPS $4.94; FY24 EPS outlook $16.50-$18.50 excl items

FEDEX CORP

2023-FY EPS reported $15.48 revenue$90,155,000,000

Q4 revenue $21.9B (-10% YoY); GAAP EPS $6.05, adj EPS $4.94 (down from $6.87 adj YoY).
FY23 revenue $90.2B (down from $93.5B); GAAP EPS $15.48, adj EPS $14.96 (down from $20.61 adj YoY).
FY24 outlook: flat to low single digit revenue growth; EPS $15-$17 (before MTM) or $16.50-$18.50 (excl biz opt costs).
FY24 share repurchases planned $2.0B; annual dividend raised 10% to $5.04/share.
FY24 DRIVE cost savings target $1.8B; capex $5.7B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FEDEX CORP reported the fiscal quarter and year ended May 31, 2023 results: revenue $21.9 billion, net income $1.54 billion, EPS $6.05.

Period: the fiscal quarter and year ended May 31, 2023
Revenue: $21.9 billion
Net income: $1.54 billion
EPS: $6.05
Result: reported results

Exact text from the filing

year ended May 31, 2023. SECTION 9. FINANCIAL STATEMENTS AND EXHIBITS. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 FedEx Delivered Fourth Quarter Fiscal 2023 Revenue of $21.9 Billion, Diluted EPS of $6.05, and Adjusted Diluted EPS of $4.94 Ended Fiscal 2023 with Revenue of $90.2 Billion, Diluted EPS of $15.48, and Adjusted Diluted EPS of $14.96 Returned $2.7

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

FEDEX CORP filing history →

Source: SEC EDGAR

accession 0000950170-23-028931

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.