earnings
confidence high
sentiment negative
materiality 0.85
FedEx Q2 adjusted EPS $4.05 misses prior year, cuts FY25 outlook, plans FedEx Freight spin-off
FEDEX CORP
2025-Q2 EPS
reported $6.24
vs consensus $5.87
▲ beat
(+6.3%)
- Q2 GAAP diluted EPS $3.03, adjusted $4.05 vs $3.99 adjusted in prior year; revenue $22.0B flat YoY.
- Revised FY25 outlook: adjusted EPS $19.00-$20.00 (down from $20.00-$21.00); flat revenue vs prior low single-digit growth.
- Completed $1B share repurchases in Q2; expects additional $500M buybacks in FY25 for total $2.5B.
- Board approves full separation of FedEx Freight into new publicly traded LTL company within 18 months.
- DRIVE permanent cost reductions reaffirmed at $2.2B; capex $5.2B.