<div id="readability-page-1">02:56 PM EST, 12/19/2025 (MT Newswires) -- FedEx's ( FDX ) fiscal Q2 outperformance was driven by higher US domestic and International Priority yields, continued cost cuts and increased US domestic volumes, partly offset by trade policy changes, higher wages and pressures in the Freight segment, Oppenheimer said in a Friday note.The Express segment showed strong growth while Freight revenue and operating income declined, reflecting lower shipments, higher wages, and sales force expansion.Even with FedEx's ( FDX ) fiscal Q2 better-than-expected adjusted earnings per share performance, the midpoint of the company's fiscal 2026 adjusted EPS guidance moved up only $0.30, Oppenheimer said, adding that this is due to H2 headwinds from higher variable incentive compensation, grounding of the MD-11 aircraft and pressures from the Freight segment.FedEx ( FDX ) said late Thursday it expects MD-11 grounding costs to total roughly $175 million in the near term.Additionally, the brokerage increased its fiscal 2026 estimates to $18.40 from $18.10, but said it is modifying its current year 2026 estimate to $18.70 from $19.14, primarily on incremental H2 2026 headwinds.Oppenheimer rated FedEx ( FDX ) as perform.Price: 288.01, Change: +0.89, Percent Change: +0.31 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

联邦快递

联邦快递的 2023 财年第二季度表现优于预期，主要得益于美国国内和国际优先服务的收益增加、成本削减以及美国国内运输量的增长，尽管面临贸易政策变化和工资上涨等挑战。快递业务增长，而货运收入下降。Oppenheimer 指出，尽管收益好于预期，2026 财年的每股收益指引仅略有上调，原因是下半年的不利因素。联邦快递预计 MD-11 停飞成本将达到 1.75 亿美元。Oppenheimer 调整了其 2026 财年的预估，并将联邦快递评级为 “表现”

奥本海默称，联邦快递在第二财季的优异表现是由更高的优先收益和成本削减推动的