FedEx (FDX): FY26 Q1 earnings call, Sep 18, 2025
On its Sep 18, 2025 earnings call (FY26 Q1), FedEx said 13 of the 17 words Kalshi listed; Parrot’s count agreed with all 17 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
17 words · 13 settled yes · our count agreed on 17 of 17- Kalshi: company speakers + operator
Kalshi
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| Revenue | Yes | 38 | 52 | ✓ | 96%transcripts from the transcript model | – |
| Freight | Yes | 31 | 33 | ✓ | 97%n=1+tx from settlement history blended with transcripts | – |
| Network | Yes | 20 | 21 | ✓ | 96%transcripts from the transcript model | – |
| Demand | Yes | 19 | 19 | ✓ | 96%transcripts from the transcript model | – |
| Cost | Yes | 17 | 25 | ✓ | 96%transcripts from the transcript model | – |
| Share | Yes | 11 | 13 | ✓ | 93%transcripts from the transcript model | – |
| Healthcare | Yes | 11 | 11 | ✓ | 84%transcripts from the transcript model | – |
| Europe | Yes | 6 | 6 | ✓ | 95%transcripts from the transcript model | – |
| EPS | Yes | 6 | 8 | ✓ | 89%transcripts from the transcript model | – |
| De Minimis | Yes | 6 | 8 | ✓ | 55%transcripts from the transcript model | – |
| E-commerce / Ecommerce | Yes | 2 | 2 | ✓ | 90%n=1+tx from settlement history blended with transcripts | – |
| Guidance | Yes | 2 | 3 | ✓ | 77%transcripts from the transcript model | – |
| Labor | Yes | 1 | 1 | ✓ | 18%n=1+tx from settlement history blended with transcripts | – |
| Tariff | No | 0 | 1 | ✓ | 74%n=1+tx from settlement history blended with transcripts | – |
| Inventory | No | 0 | 0 | ✓ | 64%n=1+tx from settlement history blended with transcripts | – |
| Smith | No | 0 | 0 | ✓ | 55%transcripts from the transcript model | – |
| Automation | No | 0 | 0 | ✓ | 46%transcripts from the transcript model | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
25 matches for “Cost”; 5 quoted, at least 25 words apart.
…environment. I'm very appreciative of Team FedEx. We continue to reduce structural costs while deploying Tricolor, advancing Network 2.0 and improving our European operations. These…
…export B2C segments. This commercial strategy, combined with our rigorous focus on cost management led to a meaningful contribution to our year-over-year FEC profit improvement.…
…updates, the company also expects to reduce support calls, cancellations and reship costs. We are excited to partner with Best Buy to create a smarter,…
…our demand surcharges in July, which are needed to offset the incremental cost at peak to deliver outstanding service while protecting profitability. Earlier this month,…
…adjusted margin expansion for FEC. This was driven by higher yields, continued cost reduction efforts and increased U.S. domestic package volume. These drivers were partially…
Where the listed words were said
…track record of strong operational execution. Turning to our consolidated Q1 results. Revenue was up 3% year-over-year, driven by strength across our U.S. domestic package…
…the industry trends that we have seen in recent quarters, revenue at Freight remained pressure. That said, despite the prolonged weakness in the industrial economy,…
…Last quarter, I spoke about the degree to which we flexed our networks to better match the demand environment amid global trade shifts. As policies…
…commerce gives us an unmatched view of physical supply chain patterns, seasonal demand shifts and emerging trade corridors. This real-world operational data platform cannot be…
…growth of 5% and $1 billion in transformation-related savings from our structural cost reductions and Network 2.0 and associated One FedEx savings in FY '26.…
…expect full year adjusted earnings to be $17.20 to $19 per diluted share. This reflects a range of scenarios in what remains a dynamic global…
…in both outbound weight and volume, supported by strong growth in our health care vertical. At FedEx Freight, along with broader industry trends, average daily…
…time, we shifted capacity to capture profitable revenue on the Asia to Europe lane. With the full removal of the de minimis exemption in the…
…very well in Q1, with results above the midpoint of our adjusted EPS outlook range. We also maintained our disciplined approach to capital expenditure, continue…
…the reduction in lightweight e-commerce volume due to the change in the de minimis exemption. Our Tricolor strategy continued to drive growth in international priority…
…profitable, but it's also very sticky. And then, of course, from an e-commerce perspective, you have seen that HD ground economy bundle working. We are…
…the Q2. And we have focused our commentary on the full year guidance and are not giving Q2 guidance. But that said, as Brie mentioned,…
Agents: this page as TSV at /api/v1/appearances/fedex:2025-09-18:earnings_call · words: /api/v1/brief?appearance=fedex:2025-09-18:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP