FedEx (FDX) reported $22.11 billion in revenue for the quarter ended May 2024, representing a year-over-year increase of 0.8%. EPS of $5.41 for the same period compares to $4.94 a year ago.The reported revenue represents a surprise of -0.03% over the Zacks Consensus Estimate of $22.12 billion. With the consensus EPS estimate being $5.34, the EPS surprise was +1.31%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectat ...

FedEx (FDX) came out with quarterly earnings of $5.41 per share, beating the Zacks Consensus Estimate of $5.34 per share. This compares to earnings of $4.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.31%. A quarter ago, it was expected that this package delivery company would post earnings of $3.49 per share when it actually produced earnings of $3.86, delivering a surprise of 10.60%.Over the last four quarters, the com ...

Key TakeawaysFedEx reported stronger-than-expected fourth-quarter earnings, sending the stock more than 14% higher in extended trading Tuesday.The company's revenue grew slightly from the year-ago period and came in ahead of expectations. Net income declined on a year-over-year basis, but beat estimates.FedEx CEO Raj Subramaniam said the results reflect the company's initiatives to drive profitability and cut costs, and that the company expects the "momentum to continue." FedEx (FDX) reported better-than-ex ...

FedEx shares soared more than 15% after hours Tuesday after the company reported results that topped analysts' estimates in both earnings and revenue.Here's how the company did in its fiscal fourth quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:Earnings per share: $5.41 cents adjusted vs. $5.35 expectedRevenue: $22.11 billion vs. $22.07 billion expectedThe company reported net income for the three-month period that ended May 31 of $1.47 billion, or $5.94 per s ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Loading...Loading...Logistics company FedEx Corporation FDX reported fourth-quarter financial results after the market close Tuesday.Here are the key highlights for investors. What Happened: FedEx reported fourth-quarter revenue of $22.1 billion, which beat a Street consensus estimate of $22.06 billion, according to data from Benzinga Pro.The company reported earnings per share of $5.41, which beat a Street consensus estimate of $5.37.Revenue, operating income and operating margins were all up on a year-ove ...

Exhibit 99.1 FedEx Reports Higher Full-Year Diluted EPS of $17.21 and Adjusted Diluted EPS of $17.80 Introduces Fiscal 2025 Outlook, Including $2.2 Billion of DRIVE Cost Savings Conducting an Assessment of the Role of FedEx Freight in Value-Creation Plans Returned $3.8 Billion to Stockholders Through Stock Repurchases and Dividends During Fiscal 2024 MEMPHIS, Tenn., June 25, 2024 ... FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the quarter ended May 31 (adjusted measures exc ...

Tuesday, June 25th, 2024We’re experiencing a reverse of the reversal ahead of today’s open. The Dow, which has led market indices since last week’s Juneteenth break, is currently -73 points, while the S&P 500 is +6 points and the Nasdaq +69. This is more the feel we’ve experienced for most of this past quarter, which ends when this workweek does. The Dow is still down -1% from the start of the quarter, while the S&P and Nasdaq are up +4% and +7.5%, quarter to date.Case-Shiller Home Prices for April have jus ...

Now fully in the summer trading weeks, we expect to move a little more slowly. We do have some key economic data and even some important earnings reports expected by the end of this week, but nothing of note today — aside from some Fed-speak from Chicago President Austan Goolsbee, San Francisco President Mary Daly and Fed Governor Christopher Waller. An hour before the opening bell, the Dow is currently up +88 points, the S&P 500 is +2 and the Nasdaq is -20 points.The Housing sector will see some important ...

文章核心观点 - 本周经济数据和财报将有一些重要发布,但整体交易节奏会相对缓慢[1] - 房地产行业的一些重要数据将在本周发布,包括4月Case-Shiller房价指数和5月新房销售及待售房屋数据,这些数据对了解经济状况很重要[2][3] - 本周最重要的经济数据是5月个人消费支出(PCE)指数,预计同比增速将略有下降,接近美联储2%的目标通胀率[4] - 本周将有一些知名公司如FedEx、General Mills、Micron和耐克等公布财报,可以反映消费需求状况[5]