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FedEx Boosts Profit Forecast Amid Rising Fuel Costs

3/20/2026

40 3 Full Breakdown

Summary

Story summary

FedEx Corp raised its full-year profit forecast to $19.30 to $20.10 per share.
The company reported strong fiscal third-quarter results with adjusted earnings per share of $5.25.
Geopolitical tensions in Iran increased fuel costs.
FedEx's fuel surcharge helped profitability.
The planned spinoff of FedEx's Freight division is on track for June 1.

History

Historical Context

The U.S. Postal Service was established in 1970, revolutionizing mail delivery and logistics. FedEx, founded in 1971, quickly adapted to this new landscape, reporting earnings of $5.25 per share recently. Today, rising fuel costs due to geopolitical tensions in Iran challenge logistics firms like FedEx, prompting strategic changes such as the planned spinoff of its Freight division on June 1.

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Story summary

FedEx Corp raised its full-year profit forecast to $19.30 to $20.10 per share.
The company reported strong fiscal third-quarter results with adjusted earnings per share of $5.25.
Geopolitical tensions in Iran increased fuel costs.
FedEx's fuel surcharge helped profitability.
The planned spinoff of FedEx's Freight division is on track for June 1.

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