Will FedEx Stock Surge Again After Earnings?
FDXFedEx(FDX) Schaeffers Investment Research·2024-09-12 00:53

Shipping giant FedEx Corporation (NYSE:FDX) will report fiscal first-quarter results after the close on Thursday, Sept. 19. Post-earnings reactions over the past two years were mostly positive, with five of the last eight yielding positive returns, including 15.5% and 7.4% pops in June and March, respectively. FDX averaged a 7.1% over that period, regardless of direction, but this time the options pits are pricing in a larger 9.1% swing.Digging deeper, after the company's June report FedEx stock soared to a ...