Is FDX's EPS trend improving in 2025?

**FedEx's EPS trend is not currently forming an improving pattern in 2025.** Here's an analysis based on the latest data:

1. **Recent Performance**: FedEx reported a diluted EPS of $3.76 for the third quarter ended February 28, 2025, which is below the company's full-year outlook of $15.15 to $15.75 for fiscal 2025. This indicates a decline in EPS within the year.
2. **Earnings Call Insights**: During the Q3 2025 earnings call, FedEx mentioned navigating challenges such as inflationary pressures and contract expirations, which have impacted the FY25 EPS outlook. The company reported a 12% increase in adjusted operating income, but this did not necessarily translate to an improvement in EPS due to other factors.
3. **Guidance and Outlook**: FedEx lowered its FY25 adjusted EPS outlook to $18 to $18.60 due to uncertain demand and inflationary pressures. This downward revision suggests that the EPS trend is not expected to improve in the near term.
4. **Market Reaction**: Following the earnings release and guidance update, FedEx's stock experienced a decline, reflecting investor concerns about the company's performance and outlook. This negative sentiment could persist if the EPS trend does not show signs of improvement.

In conclusion, the available data and company statements suggest that FedEx's EPS trend is not improving in 2025, and the company's outlook remains cautious due to ongoing economic challenges.