FedEx Q4 Profit Beats, Founder Fred Smith Dies

FedEx reported better-than-expected earnings for its fiscal fourth quarter ended May 31, 2025, posting adjusted profit of $6.07 per share on $22.2 billion in revenue and surpassing analyst expectations. The company achieved its $4 billion cost-cutting goal and attributed margin improvements to successful cost reductions and higher export volumes. FedEx offered a cautious outlook for the next quarter, projecting adjusted earnings of $3.40 to $4 per share and revenue growth of flat to up 2%, both below analyst expectations. Shares fell about 5% in after-hours trading and remain down significantly for the year amid ongoing industry uncertainty and changing trade policies. The company also cited competitive pressures and slower demand as ongoing challenges. Additionally, FedEx announced the passing of founder Fred Smith, who was instrumental in the company's global expansion.