These Analysts Revise Their Forecasts On FedEx After Q1 Results
1. FedEx posted Q1 FY 2026 revenue of $22.2 billion, exceeding estimates. 2. Adjusted earnings of $3.83 per share beat expectations of $3.62. 3. Cost reduction plan targets $1 billion and revenue growth of 4-6%. 4. Analysts adjusted price targets post-earnings, indicating mixed sentiment. 5. Shares increased by 3% following strong earnings report.