FedEx Stock Soars on Big Earnings Beat: What To Know

FedEx stock is higher Wednesday after the logistics giant's impressive earnings results and upbeat outlook. Here's what you need to know.

FedEx Express delivery truck parked on street in San Francisco, California
(Image credit: Smith Collection/Gado/Getty Images)

FedEx (FDX) is one of the more noteworthy names on this week's earnings calendar and for good reason it seems. The stock jumped more than 11% out of the gate Wednesday after the logistics giant beat top- and bottom-line expectations for its fiscal fourth quarter and issued an inline outlook for its fiscal 2025.

In the quarter ended May 31, FedEx's said its revenue increased 0.9% from the year prior to $22.1 billion and its operating margin improved 40 basis points to 8.5%. (A basis point = 0.01%.) The company also reported a 9.5% year-over-year increase in its earnings per share (EPS) to $5.41.

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Joey Solitro

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.