For the quarter ended February 2026, FedEx (FDX Quick QuoteFDX - Free Report) reported revenue of $24 billion, up 8.3% over the same period last year. EPS came in at $5.25, compared to $4.51 in the year-ago quarter.

The reported revenue represents a surprise of +1.75% over the Zacks Consensus Estimate of $23.59 billion. With the consensus EPS estimate being $4.14, the EPS surprise was +26.81%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how FedEx performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Federal Express - Package - Average daily package volume - International economy: 599 thousand compared to the 577.83 thousand average estimate based on four analysts.
• Federal Express - Package - Average daily package volume - Total international export ADV: 1.17 million versus the four-analyst average estimate of 1.13 million.
• Federal Express - Package - Revenue per package - International export composite: $52.44 compared to the $52.04 average estimate based on four analysts.
• Federal Express - Freight - Average daily freight pounds - International economy: 11.48 million versus 11.29 million estimated by four analysts on average.
• Revenue- Federal Express- Package- International economy: $1.49 billion versus $1.45 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.6% change.
• Revenue- Federal Express- Package- Total international export package revenue: $3.85 billion versus $3.7 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +8.1% change.
• Revenue- Federal Express- Package- U.S. priority: $2.9 billion compared to the $2.89 billion average estimate based on five analysts.
• Revenue- Federal Express- Package- U.S. ground: $9.86 billion versus the five-analyst average estimate of $9.8 billion.
• Revenue- Federal Express segment: $21.15 billion versus $20.68 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +10.3% change.
• Revenue- FedEx Freight segment: $1.99 billion versus the five-analyst average estimate of $2.04 billion. The reported number represents a year-over-year change of -4.7%.
• Revenue- Other and eliminations: $855 million compared to the $859.38 million average estimate based on five analysts. The reported number represents a change of -3.9% year over year.
• Revenue- Federal Express- Freight- International priority: $627 million versus $569.9 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +13.8% change.

View all Key Company Metrics for FedEx here>>>

Shares of FedEx have returned -8.7% over the past month versus the Zacks S&P 500 composite's -3.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.