Skip to Main Content
Back to
Main Website

Support Andrews University in a Meaningful Way

With gift planning, you can provide long-lasting support for our organization while enjoying financial benefits for yourself
Learn About Ways to Give

Giving Home > Giving News > Finance News > FedEx Delivers Earnings

FedEx Delivers Earnings

Published June 26, 2026

FedEx Corp. (FDX) reported its fourth quarter and full-year earnings on Tuesday, June 23. The company’s stock dropped around 6% despite reporting stronger-than-expected revenue and earnings.

Revenue came in at $25.01 billion for the quarter, up from $22.22 billion at this time last year. This was better than analysts’ expectations of quarterly revenue of $24.04 billion. Full-year revenue came in at $94.72 billion, an increase from $87.93 billion the previous year.

“Team FedEx delivered an impressive finish to a strong fiscal year, providing excellent service to our customers and successfully executing on our transformation initiatives,” said FedEx CEO, Raj Subramaniam. “With the successful spin-off of FedEx Freight, we are entering this next chapter positioned to grow while further optimizing our network, lowering our cost to serve, creating meaningful long-term value, and driving robust free cash flow.”

The company posted net income of $1.60 billion or $6.60 diluted earnings per share for the quarter. This was down from $1.65 billion or $6.88 diluted earnings per share one year ago. For the full year, the company reported net income of $4.43 billion or $18.55 diluted earnings per share.

FedEx reported $21.57 billion in revenue for its Federal Express segment, reflecting a 14% year-over-year increase. The growth was driven by higher U.S. and international priority package yields, cost reduction benefits and higher U.S. and international export volumes. Revenue for FedEx's Freight segment increased 5% to $2.41 billion. The spin-off of FedEx Freight, which was completed during the quarter, included a cash dividend of approximately $4.1 billion paid to FedEx. For the calendar year 2026, FedEx expects earnings per adjusted diluted share to be between $16.90 and $18.10 and revenue growth of 11% year-over-year.

FedEx Corp. (FDX) shares ended the week at $318.53, down 2% for the week.

KB Home Reports Results

KB Home (KBH) reported its second quarter earnings on Tuesday, June 23. The homebuilder’s shares increased by almost 3% following the company reporting better-than-expected revenue for the quarter.

KB Home reported quarterly revenue of $1.11 billion. This was down 27% from revenue of $1.53 billion during the same quarter last year but slightly above analysts’ expectations of $1.10 billion in revenue.

“Operationally, our teams continued to execute well and generated meaningful results, achieving 35 new community openings, at the high end of our projection, and reducing our build times by more than a full week sequentially from home start to home completion,” said KB Home CEO, Robert McGibney. “At the same time, we remained disciplined as we continued to successfully navigate a difficult and fluid market environment, balancing pace and price while tightly managing costs.”

For the quarter, KB reported net income of $27.3 million or $0.43 per adjusted share. This was a decrease in net income of $107.9 million or $1.50 per adjusted share in the same quarter last year.

KB reported its homebuilding operating income totaled $28.2 million for the quarter, down from $131.5 million one year ago. The company’s financial services segment revenue reached $5.3 million, an increase from $4.9 million in the same quarter last year. KB delivered 2,395 homes in the quarter, a 23% decline from 3,120 delivered this time last year. The company reported the average selling price per home was $461,900, a decrease from $488,700 the prior year. KB revised its full-year fiscal 2026 guidance and now expects revenue between $4.90 billion to $5.30 billion, compared to previous guidance of $4.80 billion to $5.50 billion.

KB Home (KBH) shares ended the week at $62.23, up 16% for the week.

Paychex Releases Earnings Report

Paychex, Inc. (PAYX) released its fourth quarter and full-year earnings report on Wednesday, June 24. Although the payroll service provider reported increased revenue, its shares dropped by about 2% following the release of the report.

For the quarter, the company reported total revenue of $1.61 billion. This was up 12% from $1.43 billion in the same quarter last year and above analysts' expectations of $1.60 billion in revenue. Full-year revenue came in at $6.51 billion, up 17% from $5.57 billion the previous year.

“We finished fiscal 2026 with strong momentum, delivering double-digit revenue and earnings growth while accelerating organic revenue growth throughout the year,” said Paychex CEO, John Gibson. “As businesses look for a trusted partner to help them manage increasing work and complexity, we believe Paychex is well positioned to deliver differentiated value through the combination of our AI-driven technology and deep advisory expertise.”

Paychex posted net income of $420.6 million or $1.17 per adjusted share for the quarter. This was up from net income of $297.2 million or $0.82 per adjusted share this time last year. For the full year, the company reported net income of $1.76 billion or $4.89 per diluted share.

The Rochester, New York-based company saw an increase in revenue across all service segments. Professional Employer Organization (PEO) and Insurance Solutions revenue increased 9% to $369.7 million for the quarter. Management Solutions revenue rose 14% to $1.2 billion for the fourth quarter, which was attributed to the acquisition of Paycor and higher revenue per client. For fiscal year 2027, the company expects revenue growth of 5% to 6% and adjusted diluted earnings per share to increase 7% to 9%.

Paychex, Inc. (PAYX) shares closed at $99.90, up 3% for the week.

The Dow started the week of 6/22 at 51,555 and closed at 51,876 on 6/26. The S&P 500 started the week at 7,500 and closed at 7,354. The NASDAQ started the week at 26,483 and closed at 25,298.