{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-034726","form_type":"8-K","ticker":"FDX","cik":"0001048911","company_name":"FEDEX CORP","filed_at":"2024-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.224719+00:00","generated_at":"2026-06-04T09:30:26.136122+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"FedEx Q3 adjusted EPS $3.86 beats $3.41 YoY; narrows FY guidance, cuts capex to $5.4B","bullets":["Q3 revenue $21.7B (-2% YoY); GAAP operating income $1.24B (+19%), adjusted $1.36B (+16%).","GAAP diluted EPS $3.51; adjusted $3.86 vs. $3.41 last year, aided by $0.09 from share repurchases.","FY2024 adjusted EPS outlook narrowed to $17.25-$18.25 (prior $17.00-$18.50); capex cut to $5.4B.","Board authorized new $5B share repurchase program; $500M additional buyback planned in Q4.","DRIVE program delivered $1.8B in permanent cost reductions, driving margin expansion."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-034726","json":"https://secwatch.observer/filing/0000950170-24-034726.json","markdown":"https://secwatch.observer/filing/0000950170-24-034726.md","text":"https://secwatch.observer/filing/0000950170-24-034726.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1048911/000095017024034726/0000950170-24-034726-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1048911/000095017024034726/fdx-20240321.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:30:26.136122+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0b072fd577d7cc76d1108b26de0fbbf7cb83b1ab","claim":"FEDEX CORP reported the third quarter ended February 29, 2024 results: revenue $21.7 billion, net income $879 million, EPS $3.51.","evidence_excerpt":"February 29 (adjusted measures exclude the items listed below): Fiscal 2024 Fiscal 2023 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $21.7 billion $21.7 billion $22.2 billion $22.2 billion Operating income $1.24 billion $1.36 billion $1.04 billion $1.17 billion Operating margin 5.7% 6.2% 4.7% 5.3% Net income $879 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1048911/000095017024034726/0000950170-24-034726-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended February 29, 2024"},{"label":"Revenue","value":"$21.7 billion"},{"label":"Net income","value":"$879 million"},{"label":"EPS","value":"$3.51"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}