FedEx reports Q4 adjusted EPS $6.07, consensus $5.93

Reports Q4 revenue $22.2B, cocnsensus $21.75B. “I am proud of the FedEx (FDX) team for a solid finish to the fiscal year, delivering excellent service for our customers while achieving our structural cost reduction target, in the face of ongoing headwinds,” said Mr. Subramaniam. “We will continue to leverage the unique scale and flexibility of our global network to support our customers as the demand environment evolves. Looking ahead, I’m confident that our transformation initiatives, which are focused on integrating our networks and further reducing our cost-to-serve, will create meaningful long-term value.”