FedEx earnings beat
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FedEx earnings beat
FedEx posted its strongest U.S. market-share gains in 20 years, with adjusted EPS of $5.25 — up 16% YoY and well above the $4.17 estimate. Management raised FY2026 EPS guidance to $19.30–$20.10 and targets $1B in cost savings. FedEx Freight spinoff (80.1%) remains on track for June 1. BofA raised its price target to $440 with a Buy rating.
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