The more bullish outlook indicates FedEx expects to withstand mounting economic turmoil from the war in Iran and soaring energy prices. (Bess Adler/Bloomberg)
March 19, 2026 4:42 PM, EDT
Key Takeaways:
- FedEx raised its full-year earnings forecast to $19.30 to $20.10 a share after reporting better-than-expected quarterly profit.
- The company signaled resilience amid the war in Iran and higher energy costs as it advances a major network overhaul combining express and ground operations.
- FedEx said its planned freight unit spinoff remains on track for June.
FedEx Corp. raised its full-year profit forecast, signaling that the courier’s plan to restructure its delivery network is gaining traction despite geopolitical conflict and economic volatility.
Adjusted earnings will be $19.30 to $20.10 a share for the fiscal year, up from no more than $19 under its prior guidance, the company said March 19 in a statement that also revealed better-than-expected quarterly profit. Even the bottom of the new range tops the $18.71 average analyst estimate compiled by Bloomberg.
The more bullish outlook indicates FedEx expects to withstand mounting economic turmoil from the war in Iran and soaring energy prices. The company had sought to bolster its operations well before the latest upheaval with a broad overhaul by combining its express air-freight and ground-delivery networks.
Investors are looking to FedEx for signals about what the war in Iran and the Supreme Court’s decision on President Donald Trump’s tariffs may mean for corporate America. The courier is often seen as an economic bellwether because its business spans a wide swath of industries and consumers around the world.
FedEx shares rose 1.4% in after-hours trading in New York. The stock gained about 21% this year through close of markets March 19.
The company also said the planned spinoff of its freight unit remains on track for June.
FedEx ranks No. 2 on the Transport Topics Top 100 list of the largest for-hire carriers in North America and No. 3 on the TT Top 50 list of the largest global freight carriers. FedEx Logistics ranks No. 43 on the TT Top 100 logistics companies list.
