FedEx Cuts 2025 Outlook Again as Earnings Miss and Shares Drop

The company lowers its revenue and earnings forecasts for the third consecutive quarter, citing operational and economic challenges.

FedEx reported Q3 2025 earnings of $4.51 per share, falling short of the $4.54 analyst consensus estimate.
Quarterly revenue reached $22.2 billion, exceeding expectations of $21.89 billion and reflecting 2% year-over-year growth.
The company revised its fiscal 2025 revenue forecast to flat or slightly down year-over-year and reduced its earnings per share outlook to $15.15-$15.75, down from $16.45-$17.45.
This marks the third consecutive quarter FedEx has lowered its financial guidance, attributing challenges to a compressed peak season, severe weather, and broader macroeconomic pressures.
FedEx shares fell over 4% in after-hours trading following the earnings report, continuing a 12% decline in 2025 to date.