FedEx Freight CFO says free cash flow puts company on path to begin deleveraging sooner than anticipated; expects Q4 adjusted operating margin of about 8.4% at midpoint

FedEx Freight's CFO says the company's free cash flow has put it on a path to begin deleveraging sooner than anticipated. It expects Q4 adjusted operating margin of about 8.4% at the midpoint, significantly above June expectations, and 2027 revenue growth with adjusted operating margins broadly in line with its April medium-term framework.

Detected & updated continuously · Source: Nebula