FedEx Freight Reports First Earnings as Standalone Company FDXF: Q4 Revenue $2.4B, Guidance $2.40-$2.60 Adjusted EPS

Summary

FedEx Freight, which spun off from FedEx Corporation on June 1 and now trades as FDXF on NYSE, reported its first standalone earnings on June 25. Q4 revenue reached $2.4 billion (+4.8% YoY), with adjusted operating profit of $363 million and an 15.1% adjusted operating margin. LTL yield metrics were strong: revenue per shipment at $415.22 (+11.5%), revenue per hundredweight at $43.79 (+8.2%). The company initiated seven-month transition guidance forecasting adjusted EPS of $2.40-$2.60 on revenue growth of 4%-6%. CEO John Smith emphasized a focus on profitable growth and service differentiation as the largest North American LTL carrier with 365+ terminals.