FedEx Corp Stock Surges on Stellar Q3 Earnings Beat and Raised Guidance

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FedEx Corp reported significantly better-than-expected Q3 FY2026 earnings, with adjusted EPS of $5.25 and $24 billion in revenue, leading to a stock surge. The company also raised its full-year guidance, signaling strong logistics demand recovery and efficiency gains from programs like Network 2.0. Additionally, FedEx confirmed the spin-off of FedEx Freight, aimed at optimizing its portfolio and unlocking value for shareholders.

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