CNBC reported that FedEx has a strong fiscal third quarter.
FedEx expects revenue growth in 2026, up 6.5%.
Shares of FedEx rose roughly 9% in extended trading.
Earnings per share were $5.25 adjusted vs. $4.09 expected. And revenue was $24 billion vs. $23.43 billion.
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For the quarter, FedEx reported adjusted operating income of $1.68 billion, beating estimates of $1.39 billion. It reported net income of $1.06 billion, or $4.41 a share, up from $909 million, or $3.76 a share, a year ago. Adjusted for spin-off costs and other one-time items, FedEx reported earnings per share of $5.25.
