---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-028931"
form_type: "8-K"
ticker: "FDX"
cik: "0001048911"
company_name: "FEDEX CORP"
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T20:32:57.218992+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-028931
- form_type: 8-K
- ticker: FDX
- cik: 0001048911
- company_name: FEDEX CORP
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048911/000095017023028931/0000950170-23-028931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048911/000095017023028931/fdx-20230620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-028931
- JSON: https://secwatch.observer/filing/0000950170-23-028931.json
- Plain text: https://secwatch.observer/filing/0000950170-23-028931.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048911/000095017023028931/0000950170-23-028931-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.