FedEx Corp. Reports Strong Second Quarter Results

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Stephens Reiterates Overweight Rating on FedEx (FDX)

December 18, 2020 7:53 AM EST

Stephens analyst Jack Atkins reiterated an Overweight rating and $340.00 price target on FedEx (NYSE: FDX) following the company's 2Q earnings report. FDX reported 2Q21 adj. EPS of $4.83, vs. the Street estimate of $4.01. Consolidated revenue of $20.56 bil. improved 18.7% y/y and beat consensus of $19.43... More

FedEx (FDX) Tops Q2 EPS by 82c

December 17, 2020 4:04 PM EST

FedEx (NYSE: FDX) reported Q2 EPS of $4.83, $0.82 better than the analyst estimate of $4.01. Revenue for the quarter came in at $20.6 billion versus the consensus estimate of $19.46 billion.

Outlook

FedEx is not providing an earnings forecast for fiscal 2021. The capital spending forecast for the year... More