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Logistics major posts strong quarterly results led by margin expansion
FedEx delivered a quarterly earnings beat on revenue and profitability, supported by margin improvement despite a flat freight outlook.
FedEx reported second-quarter revenue of $23.47 billion, exceeding estimates and rising 6.8% year-on-year. Adjusted earnings per share stood at $4.82, ahead of expectations, while adjusted EBITDA reached $2.45 billion, reflecting a 10.4% margin. The company maintained a flat outlook for its freight segment in FY26 following the earnings release.