FedEx stock sinks as trade policy whiplash weighs on results

FedEx stock sinks as trade policy whiplash weighs on results Ines Ferré · Senior Business Reporter Updated Wed, June 24, 2026 at 4:40 PM GMT+2 1 min read FDX What happened: International courier service FedEx ( FDX ) stock sank over 1. 5% on Wednesday. What's behind the move: FedEx's fiscal fourth quarter adjusted earnings came in at $6.

31 per share, versus expectations of $5. 97. Revenue increased 13% to $25 billion, its report on Tuesday showed.

However, the company's operating margin shrank to 8. 4% from 9. 1% last year, sending FedEx shares lower.

The courier giant cited the financial impact of shifting global trade policy as a headwind. Higher yields and package volumes were offset by rising transportation costs, wages, and trade policy impacts. What else you need to know: FedEx's results come after the company completed the spin-off of FedEx Freight, which reports results on Thursday.

The company is often seen as a bellwether for the overall economy. Management said during the earnings call that it sees double-digit revenue gains from AI and data centers. "The AI and data center space is an emerging and rapidly scaling growth engine for us, delivering double-digit revenue growth," said Brie Carere , chief customer officer at FedEx, during the earnings call.

"We are capturing demand across the entire value chain, from traditional hyperscalers to the industrial and power infrastructure that support these massive build-outs," she added. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre .