Analyst Estimates for Q3 FY 2024 Q2 FY 2024 Q3 FY 2023 Revenue $22.02 billion $22.17 billion $22.17 billion Diluted EPS $3.50 $3.99 $3.41 Net Income $879.5 million $1.01 billion $865 million Key Metric: Average Daily Volume FedEx has reported nine straight quarters of year-over-year declines in average daily volume (ADV) of FedEx Express packages handled in the U.S. Another key metric to watch is revenue, as FedEx's revenue and ADV soared to record highs during the pandemic but have been sinking or growing ...

FedEx (FDX) ended the recent trading session at $253.29, demonstrating a -0.88% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.65%. Meanwhile, the Dow experienced a drop of 0.49%, and the technology-dominated Nasdaq saw a decrease of 0.96%. Prior to today's trading, shares of the package delivery company had gained 8.04% over the past month. This has outpaced the Transportation sector's gain of 1.47% and the S&P 500's gain of 3.27% in that time. Market participa ...

FedEx Corporation (FDX) is set to release its third-quarter fiscal 2024 (ended Feb 29, 2024) results on Mar 21, 2024, after market close. FDX has an impressive surprise record, with its earnings per share surpassing the Zacks Consensus Estimate in three of the preceding four quarters and missing the mark on the other occasion. The average beat is 12.34%. Given this backdrop, let's examine the factors that are likely to have influenced FedEx’s performance in the soon-to-be-reported quarter. Like the past few ...

Wall Street expects a year-over-year increase in earnings on lower revenues when FedEx (FDX) reports results for the quarter ended February 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on March 21, 2024, might help the stock move higher if these key numbers are better than expectati ...

FedEx Corporation (FDX) is currently embroiled in a complex web of challenges, a situation that we believe has significantly dampened its appeal as an investment option. Let’s delve deeper. Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 10.1% downward over the past 90 days. For the current year, the consensus mark for earnings has moved 3% south in the same time frame. The bearish alterations in estimate revisions underscore a notable decline ...

According to NextEarningsDate.com, the FedEx next earnings date is projected to be 3/21 after the close, with earnings estimates of $3.54/share on $22.08 Billion of revenue. Looking back, the recent FedEx earnings history looks like this: FDX tickertech The company has an impressive long-term earnings per share chart: FDX tickertech And with equally impressive revenue growth: FDX tickertech But earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as investors digest t ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about FedEx (FDX) . FedEx currently has an average brokerage recommend ...

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) announced today that Robert B. Carter, EVP, FedEx Information Services & CIO, FedEx Corporation and co-president & co-CEO of FedEx Services, will retire after an exemplary career at FedEx for 31 years. He will step down from his current roles effective June 30, 2024, and will remain with the company as a senior advisor until December 31, 2024, to help ensure a successful transition. Under his leadership, Carter spearheaded cutting-edge technology that ...

股票表现 - FedEx是Zacks.com访问者最关注的股票之一，近期股价表现良好[1] - Zacks Transportation - Air Freight and Cargo行业整体表现也较好，FedEx所属行业涨幅为6.6%[2] 盈利预期 - Zacks优先评估公司未来盈利预期的变化，认为未来盈利对股票的公平价值至关重要[3] - 分析显示，当公司的盈利预期上升时，股票的公平价值也会上升，导致股价上涨[4] - FedEx本季度预计每股盈利为3.55美元，同比增长4.1%[5] - 当前财年的一致盈利预期为17.63美元，同比增长17.9%[6] - 下一个财年的一致盈利预期为21.06美元，同比增长19.4%[7] 公司财务 - FedEx上一季度营收为221.7亿美元，同比下降2.8%，每股收益为3.99美元[11] - FedEx在过去四个季度中，三次超过一致盈利预期，但未能超过一致营收预期[13] 股票评级和估值 - FedEx的Zacks Rank为4（卖出），显示股票短期价格表现可能不佳[8] - FedEx的估值显示其股票相对同行公司存在折价，Zacks Value Style Score为B[17]

FedEx (FDX) closed the latest trading day at $241.12, indicating a -0.96% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.38%. Elsewhere, the Dow lost 0.16%, while the tech-heavy Nasdaq lost 0.13%. Coming into today, shares of the package delivery company had lost 3.22% in the past month. In that same time, the Transportation sector gained 3.94%, while the S&P 500 gained 4.74%. Investors will be eagerly watching for the performance of FedEx in its upc ...