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FedEx Set to Report Q3 Results Today as Wall Street Eyes Demand and Margins

Investors will scrutinize volume trends as a test of Network 2.0 progress.

Overview

  • The company posts fiscal Q3 2026 results after today’s close, with transports down about 9.5% over the past month and FedEx off 5.6%.
  • Analysts expect EPS of $4.15 and revenue of $23.49 billion, roughly 6% higher than a year ago.
  • Average Daily Package Volume is in focus after a modest rebound since a Q2 2025 trough, supported by U.S. performance and network optimization.
  • Average Daily Freight Pounds have softened, reflecting the lapsed USPS contract, industrial-sector weakness, and cooler demand from China.
  • Fuel-price volatility linked to Middle East tensions poses a cost risk, while TipRanks shows a Moderate Buy consensus with a $384.70 average price target.