FedEx Freight Expects Q4 Revenue of $2.30B-$2.37B
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08:22:56 PM UTC
SquawkNews
FedEx Freight reported revenue of $2.44 billion in 2026, up 8.1% from the prior-year period, while net income fell 49.5% to $147 million and diluted EPS declined 49.7% to $0.98. Higher fuel surcharges and favorable base yields supported revenue, partly offset by lower shipment volume.Financial High…