For Immediate ReleasesChicago, IL – September 16, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: FedEx Corp. (FDX) , United Parcel Service (UPS) and Air Transport Services (ATSG) .Here are highlights from Monday’s Analyst Blog: Play FedEx Stock Ahead of Q1 Earnings?FedEx Corp. is set to release its first-quarter ...

Analyst Estimates for Q1 2025Q4 2024Q1 2024Revenue$21.96 billion$22.11 billion$21.68 billionDiluted EPS$4.73$5.94$4.23Net Income$1.16 billion$1.47 billion$1.08 billion Key Metric: Full-Year Outlook In its fourth-quarter report in June, FedEx introduced its projections for fiscal 2025. It guided low- to mid-single-digit revenue growth, while analysts expect growth of just over 2% from last year's $87.69 billion. The company also saw earnings per share (EPS) between $18.25 and $20.25, 6% to 18% better than ...

ictor Introduction One of the things I enjoy doing when I'm bored is going on apps that track global flights. Although it adds zero value, I like to see what is going on at major transportation hubs, including cargo-focused airports like Memphis International ("MEM"), the busiest cargo airport in North America, and the second-busiest cargo airport in the world (did you know that? I didn't). One of the reasons I'm bringing this up is because this hobby connects my passion for aviation to my interest in t ...

FedEx Corporation (FDX) is set to release its first-quarter fiscal 2025 (ended Aug. 31, 2024) results on Sept. 19, after market close.Some investors may be deliberating whether to purchase the stock of this transportation heavyweight before Sept. 19 or wait for a better entry point.The Zacks Consensus Estimate for first-quarter fiscal 2025 earnings was revised downward in the past 60 days and is pegged at $4.87 per share. Additionally, the consensus mark implies a 7% improvement from the year-ago actual. Th ...

FedEx (FDX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended August 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on September 19, 2024, might help the stock move higher if these key numbers are better than expec ...

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 ...

FedEx (FDX) closed at $283.30 in the latest trading session, marking a +0.09% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.16%. Meanwhile, the Dow gained 1.2%, and the Nasdaq, a tech-heavy index, added 1.16%.The package delivery company's stock has climbed by 2.03% in the past month, exceeding the Transportation sector's gain of 1.99% and lagging the S&P 500's gain of 3.48%.The upcoming earnings release of FedEx will be of great interest to investors. The company ...

CINCINNATI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that FedEx (NYSE: FDX) has issued a purchase order for 15 W56 step vans to be delivered in 2024. This milestone order follows a successful demonstration in which the Workhorse W56 step van met FedEx operation duty cycle requirements. The addition of these 15 W56 step vans wi ...

FedEx Corporation’s (FDX) bottom line is bolstered by robust cost-saving initiatives, resulting in improved operational efficiency. A shareholder-friendly approach bodes well for the company. However, FDX grapples with weakness in the FedEx Express segment due to lower international yields.Factors Favoring FDXFDX’s multi-year plan, Network 2.0, announced in April 2023, is improving its performance by simplifying routes, lowering costs and increasing efficiency. Network 2.0 is already active in more than 50 ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider FedEx (FDX) . This company, which is in the Zacks Transportation - Air Freight and Cargo industry, shows potential for another earnings beat.This package delivery company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was ...