<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>

聯邦快遞

聯邦快遞的 2023 財年第二季度表現優於預期，主要得益於美國國內和國際優先服務的收益增加、成本削減以及美國國內運輸量的增長，儘管面臨貿易政策變化和工資上漲等挑戰。快遞業務增長，而貨運收入下降。Oppenheimer 指出，儘管收益好於預期，2026 財年的每股收益指引僅略有上調，原因是下半年的不利因素。聯邦快遞預計 MD-11 停飛成本將達到 1.75 億美元。Oppenheimer 調整了其 2026 財年的預估，並將聯邦快遞評級為 “表現”

奧本海默稱，聯邦快遞在第二財季的優異表現是由更高的優先收益和成本削減推動的