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%. ...

FedEx (FDX) came out with quarterly earnings of $3.60 per share, missing the Zacks Consensus Estimate of $4.82 per share. This compares to earnings of $4.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.31%. A quarter ago, it was expected that this package delivery company would post earnings of $5.34 per share when it actually produced earnings of $5.41, delivering a surprise of 1.31%.Over the last four quarters, the co ...

Key TakeawaysFedEx lowered its revenue and earnings outlook for fiscal 2025.The company's fiscal first-quarter results missed analysts' expectations on the top and bottom lines amid weaker demand for its priority shipping services.FedEx's contract with USPS is also slated to end later this month. FedEx (FDX) shares tumbled in extended trading Thursday after the company missed analysts' estimates with its fiscal first-quarter results and slashed its full-year outlook. The shipping company posted first-quarte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED August 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO__________ Commission File Number: 1-15829 FedEx Corporation (Exact name of registrant as specified in its charter) Delaware 62-1721435 (State or other jur ...

Exhibit 99.1 FedEx Corporation Annual Consolidated Statements of Income FY 2023 – FY 2024 Years ended May 31 | --- | --- | --- | --- | --- | |---------------------------------------------------------------|-------|------------|-------|-----------| | In millions, except EPS \nRevenue: | | FY 2023 | | FY 2024 | | Federal Express segment | $ | 75,884 | $ | 74,663 | | FedEx Freight segment | | 10,084 | | 9,429 | | Other and eliminations | | 4,187 | | 3,601 | | Total Revenue | | 90,155 | | 87,693 | | Operating E ...

FedEx Corporation FDX will release earnings results for its first quarter, after the closing bell on Thursday, Sept. 19.Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period. The company projects to report revenue of $21.99 billion for the quarter, according to data from Benzinga Pro.On Sept. 6, the Equal Employment Opportunity Commission (EEOC) sued FedEx, saying the global shipping and logistics company violated federal law by discrimin ...

A FedEx Express plane prepares for landing at the Beijing Capital International airport in Beijing ... [+] on September 6, 2024. (Photo by ADEK BERRY / AFP) (Photo by ADEK BERRY/AFP via Getty Images)AFP via Getty ImagesFedEx (NYSE: FDX) is scheduled to report its fiscal Q1 2025 results on Thursday, September 19 (FedEx’s fiscal year ends in May). We expect the company to post an upbeat quarter, driven by an overall improvement in volumes. Furthermore, its cost reduction actions are expected to bolster its bo ...

FedEx Corporation FDX is scheduled to release earnings results for its first quarter, after the closing bell on Thursday.Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period. The company projects to report revenue of $21.99 billion for the quarter, according to data from Benzinga Pro.On Sept. 6, the Equal Employment Opportunity Commission (EEOC) sued FedEx, saying the global shipping and logistics company violated federal law by discrimi ...

-Oxford- Many articles have been written on FedEx (NYSE:FDX) both on this blog and over on Seeking Alpha over the years. As an industrial component who, along with UPS (UPS), carries and delivers the equivalent of about 3% of US GDP (that's a stat from the early 2000s and if it has changed, has probably only grown), FedEx remains integral to US business, particularly e-commerce. Several recent events have coincided to be a potential catalyst for FedEx stock, hopefully pushing the stock above and beyond ...

Wall Street analysts expect FedEx (FDX) to post quarterly earnings of $4.87 per share in its upcoming report, which indicates a year-over-year increase of 7%. Revenues are expected to be $22.12 billion, up 2% from the year-ago quarter.The current level reflects a downward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's earni ...