A weak quarterly report shows the logistics giant's turnaround efforts will take time to show results.FedEx (FDX -15.09%) reported weaker-than-expected quarterly results after the closing bell Thursday, and lowered its profit outlook for the fiscal year.Investors Friday don't appear interested in going along for the ride -- they've sent FedEx shares down by more than 14% as of 10:45 a.m. ET.Challenging timesIt has been a difficult few years for transportation companies. Rising interest rates and fears about ...

FedEx TodayFDXFedEx$256.00 -44.39 (-14.78%) 52-Week Range$224.69▼$313.84Dividend Yield2.16%P/E Ratio14.86Price Target$314.58Add to WatchlistFedEx Corporation NYSE: FDX is a solid business, but its latest results give another reason to fear that a recession is near. The company underperformed in all metrics, contracting versus an expectation to grow and reducing guidance in what may be the first of several reductions this year. The FedEx news sent ripples of fear through the entire transportation sector, dri ...

In my first article on FedEx Corporation (NYSE: FDX ) 11 months ago, which was, in fact, my first-ever article on Seeking Alpha, my thesis was that the stock wasn't a viable long-term investment because, at the time, earnings growth estimates of 15% were farI have been a keen student of the markets for several years now. I love studying how companies grow over time, what value they deliver to their stakeholders, and projecting long-term value as an investment opportunity. I work as a content professional fo ...

Shares of FedEx tumbled overnight following a disappointing earnings report and forecast. (Photo by ... [+] Ben Jared/PGA TOUR)PGA TOURKey Takeaways Fed's Aggressive Half-Point Cut Signals Caution Amid Economic Uncertainty Stock Market Rallies, But Global Slowdown Concerns Still Loom Large Commodities Like Oil And Copper Drop, Raising Global Economic WorriesOne day after Jay Powell and the Federal Reserve cut interest rates by a half of percentage point, stocks partied, to quote Prince, "like it's 1999." Th ...

U.S. stock futures were lower this morning, with the Nasdaq futures falling over 80 points on Friday.Shares of FedEx Corporation FDX fell sharply in today's pre-market trading after the company reported weaker-than-expected results for the first quarter of fiscal 2025 and lowered its full-year guidance.FedEx reported first-quarter revenue of $21.6 billion, missing analyst estimates of $21.955 billion, according to Benzinga Pro. The company reported first-quarter adjusted earnings of $3.60 per share, missing ...

FedEx truck is seen in New York City, United States on July 16, 2024. (Photo by Jakub ... [+] Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesFedEx stock (NYSE: FDX) saw a 13% fall in after-market hours on Thursday, September 19, after it reported Q1’25 results (fiscal ends in May) far worse than the street estimates. FDX stock is up 7% year-to-date, compared to -15% returns for its peer – UPS stock. FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our ...

Just days after American TV personality Jim Cramer praised FedEx Corporation (NYSE: FDX) as a “great stock to own,” the company’s shares took a nosedive, giving, once again, fuel to his critics who believe CNBC’s ‘Mad Money’ host is perpetually in the wrong.Indeed, during an episode of his show on September 18, Cramer highlighted FedEx as one of the companies doing better than Wall Street realized, especially amid (now proven justified) expectations that the United States Federal Reserve would start cutting ...

财务数据和关键指标变化 - 第一季度收入同比下降,主要受到一个营业日减少和客户偏好从优先服务转向延迟服务的影响 [6][19][20] - 包裹运输成本增加1.24亿美元,主要由于国际经济服务量增加 [27][29] - 调整后营业利润同比下降3.82亿美元,主要受到收入疲软和成本压力的影响 [27][28] 各条业务线数据和关键指标变化 - FedEx Express收入同比下降1%,主要由于一个营业日减少和服务组合转向延迟服务 [19] - FedEx Freight收入同比下降2%,主要由于每票重量和优先服务量下降,燃油附加费下降 [19] - FedEx Express包裹单票收益同比增长1%,主要由于美国优先和国际国内服务价格上涨 [22] - FedEx Freight每票收益同比增长2%,体现了公司收益质量策略 [22] 各个市场数据和关键指标变化 - 美国国内快递服务量同比下降3%,受工业经济疲软影响 [20] - 国际出口包裹量同比增长9%,主要由于国际经济服务量增加 [20] - FedEx Freight每票重量和日均票数同比均下降3%,部分原因是较重货物转向卡车市场 [21] 公司战略和发展方向及行业竞争 - 公司正在执行Tricolor战略,优化国际业务网络,提高盈利能力 [24][25] - 公司正在推进Network 2.0网络整合,预计可降低10%的提货和派送成本 [12][13] - 公司正在与Nimble公司合作,利用AI机器人技术提升电商履约能力 [14] - 公司正在评估FedEx Freight业务在整体组合中的定位 [15] 管理层对经营环境和未来前景的评论 - 工业经济疲软压制了B2B业务量,但电商需求正在恢复增长 [6][74] - 公司已采取多项定价行动,包括总体涨价、燃油附加费和需求附加费,预计将提升收益 [23][38][39][40] - 公司有信心通过DRIVE成本优化计划、网络优化和其他举措来提升盈利能力 [7][8][9][10][11] 其他重要信息 - 公司总法律顾问Mark Allen即将退休,Gina Adams接任 [15][16] - 公司维持2025财年调整后每股收益20-21美元的指引区间 [8][30] 问答环节重要的提问和回答 问题1 **Brian Ossenbeck 提问** 询问负面业务组合转变的原因以及公司为何仍能推涨价格的原因 [37][38][39][40] **Brie Carere 回答** 解释了公司在定价策略、需求附加费和燃油附加费方面的考虑和预期 [38][39][40] 问题2 **Jordan Alliger 提问** 询问第二季度盈利能力下滑的程度以及下半年业绩反弹的原因 [42][43][44] **John Dietrich 回答** 解释了第二季度的特殊因素影响,以及下半年业绩改善的支撑因素 [43][44] 问题3 **Jonathan Chappell 提问** 询问第一季度DRIVE成本优化低于预期的原因,以及全年2.2亿美元目标的可信度 [45][46][47] **John Dietrich 回答** 解释了DRIVE计划的动态性,并表示有信心完成全年目标 [46][47]

文章核心观点 - 尽管面临挑战,但公司仍专注于转型网络、提高效率、降低成本,并利用数据洞见提高灵活性和智能化 [1][2] - 公司正在进行数字化转型,整合FedEx Ground和FedEx Services,以优化网络并提高效率 [4] - 公司下调了2025财年的收入和利润预期,但仍有信心执行DRIVE转型计划,实现成本削减 [5] 关键要点总结 公司业绩和前景 - 本季度利润下降,主要原因包括每票重量下降、优先装运减少、营业日数减少等 [3] - 公司下调了2025财年的收入增长和每股收益预期 [5] - 但公司仍有信心执行DRIVE转型计划,实现20亿美元的永久性成本削减 [4][5] 数字化转型 - 公司正在整合FedEx Ground和FedEx Services,建立一体化的航空快递网络 [4] - 这是公司DRIVE转型计划的一部分,重点是网络优化、效率提升、设备和设施现代化以及自动化 [4] - 数字化转型对公司应对经济不确定性和市场动态变化至关重要 [6][7]

Thursday, September 19th, 2024Markets celebrated the Fed’s loosening of interest rates yesterday with a big swell in valuations across the board today. Investors had concerned themselves that a 50 basis-point (bps) move might be displaying a perceived economic downturn from the Fed, but with some time to reflect, this no longer seems to be the case.The Dow gained +522 points today, good for an increase of +1.26%. The S&P 500 grew +95 points, +1.70%, while the Nasdaq topped the field, up +440 points, +2.51%. ...