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FedEx reports Q3 adjusted EPS $4.51, consensus $4.63

Reports Q3 revenue $22.2B, consensus $21.88B. “The FedEx (FDX) team delivered improved profitability, while navigating a very challenging operating environment, including a compressed Peak season and severe weather events,” said Raj Subramaniam, FedEx Corp. president and chief executive officer. “I am proud of the team for executing on our transformation efforts while strengthening our value proposition and improving the customer experience. Looking ahead, we remain focused on supporting our customers amid the shifting macroeconomic environment.”

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