FDX Reports Q4 Earnings
FedEx reports Q4 earnings and revenue of $2.4B, guides initial FY27 financials
Guides initial FY27 $, Rev $B - Guides initial FY27 Capex $ - Adj EBITDA $ v $ y/y - Non-GAAP Op margin % v % y/y - Comments: ***Reminder 04/08: FDXF FedEx Freight sets medium-term targets; Rev CAGR 4-6%; CapEx at about 5% of revenue, free cash flow above $1.0B, and free cash flow conversion above 90%.
FY26 is the baseline for CAGR. **Note FedEx retained 19.9% of the outstanding shares of FedEx Freight common stock.