FedEx Freight raises Q4 adjusted EPS outlook to $0.65-$0.75

• FedEx Freight raised its outlook for the seven months ending December 31, 2026, targeting adjusted EPS of $2.80 to $2.90.
• Revenue is forecast at $5.58 billion to $5.65 billion, with adjusted operating income of $695 million to $715 million.
• Fourth-quarter adjusted EPS is projected at $0.65 to $0.75, with adjusted operating income of $185 million to $205 million.
• The higher outlook reflects increased fuel expectations, supported by early benefits from stabilizing volume and base yield.
• First-four-month results included $510 million in adjusted operating income, up 16% year over year, with a 15.5% adjusted operating margin.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FedEx Freight Holding Company Inc. published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.