FedEx Corp. Reports Higher Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
UPS (UPS) Shares on Watch Following Strong FedEx (FDX) Results
December 19, 2017 4:21 PM ESTUPS (NYSE: UPS) Shares on Watch Following Strong FedEx (NYSE: FDX) Results
... MoreFedEx (FDX) Tops Q2 EPS by 29c, Raises FY Guidance
December 19, 2017 4:16 PM ESTFedEx (NYSE: FDX) reported Q2 EPS of $3.18, $0.29 better than the analyst estimate of $2.89. Revenue for the quarter came in at $16.3 billion versus the consensus estimate of $15.68 billion.
GUIDANCE:
FedEx sees FY2018 EPS of $12.70-$13.30, versus the consensus of $12.47.
FedEx is unable to forecast the fiscal 2018 year-end mark-to-market (MTM) pension accounting adjustments. As a result, the company is unable to provide fiscal 2018 earnings or effective tax rate (ETR) guidance on a GAAP basis.Before year-end MTM pension accounting adjustments, earnings are now projected to be $11.45 to... More