FedEx Corp. Reports Strong Adjusted Third Quarter Earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Standpoint Research Downgrades FedEx (FDX) to Hold
March 17, 2016 9:47 AM EDTStandpoint Research downgraded FedEx (NYSE: FDX) from Buy to Hold.
For an analyst ratings summary and ratings history on FedEx click here. For more ratings news on FedEx click here.
Shares of FedEx closed at $144.27 yesterday.
... MoreUBS Raises Price Target on FedEx (FDX) Following a Strong 3Q Beat
March 17, 2016 8:52 AM EDTUBS reiterated a Buy rating on FedEx (NYSE: FDX), and raised the price target to $186.00 (from $169.00), following the company's 3Q earnings report. FDX reported an upside for 3Q adjusted EPS of $2.51, which was well above the consensus estimate of $2.35. FDX raised the... More
FedEx (FDX) on Amazon's (AMZN) Logistics Threat: What, Us Worry?
March 17, 2016 7:43 AM EDTFedEx (Nasdaq: FDX) reported Q1 results on Wednesday night, with EPS and revenue topping results. The company also boosted the midpoint of its EPS outlook for fiscal 2016. However, there has been some chatter about Amazon.com (Nasdaq: AMZN) building up its own logistic fleet, which could hamper the operations of FedEx and peers like UPS (NYSE:... More
FedEx (FDX) Tops Q3 EPS by 16c; Boosts FY16 EPS Outlook Midpoint
March 16, 2016 4:16 PM EDTFedEx (NYSE: FDX) reported Q3 EPS of $2.51, $0.16 better than the analyst estimate of $2.35. Revenue for the quarter came in at $12.7 billion versus the consensus estimate of $12.4 billion.
Adjusted operating income rose 19% year over year primarily due to improved yield management and the continued positive... More
