---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-071485"
form_type: "8-K"
ticker: "FDX"
cik: "0001048911"
company_name: "FEDEX CORP"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:18:17.518885+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FedEx Q2 EPS $3.55 GAAP ($3.99 adj); rev $22.2B; FY rev outlook trimmed to down low-single-digit

## Summary
- Q2 GAAP diluted EPS $3.55 vs $3.07 YoY; adjusted EPS $3.99 vs $3.18 YoY.
- Revenue $22.2B, down ~2.6% YoY; operating income $1.28B GAAP ($1.42B adj).
- FedEx Ground cost per package down 2%; Freight operating income rose despite lower revenue.
- FY2024 revenue forecast revised to low-single-digit decline from approximately flat.
- FY2024 adjusted EPS outlook reaffirmed $17.00-$18.50; additional $1B share repurchase planned.

## SEC filing metadata
- accession: 0000950170-23-071485
- form_type: 8-K
- ticker: FDX
- cik: 0001048911
- company_name: FEDEX CORP
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1048911/000095017023071485/0000950170-23-071485-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048911/000095017023071485/fdx-20231219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-071485
- JSON: https://secwatch.observer/filing/0000950170-23-071485.json
- Plain text: https://secwatch.observer/filing/0000950170-23-071485.txt

## Key facts
- Earnings Releases
  FEDEX CORP reported for the fiscal quarter ended November 30, 2023 results: revenue $22.2 billion, net income $0.90 billion, EPS $3.55. Guidance reaffirmed.
  - Period: for the fiscal quarter ended November 30, 2023
  - Revenue: $22.2 billion
  - Net income: $0.90 billion
  - EPS: $3.55
  - Guidance: reaffirmed
  - Result: reported results
  source text: November 30 (adjusted measures exclude the items listed below): Fiscal 2024 Fiscal 2023 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $22.2 billion $22.2 billion $22.8 billion $22.8 billion Operating income $1.28 billion $1.42 billion $1.18 billion $1.21 billion Operating margin 5.8% 6.4% 5.2% 5.3% Net income $0.90 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048911/000095017023071485/0000950170-23-071485-index.htm

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