FedEx (FDX) Stock Jumps 7% Following Q2 'Beat and Raise'

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FedEx (FDX) PT Raised to $288 at Stifel

December 17, 2021 6:38 AM EST

Stifel analyst J. Bruce Chan raised the price target on FedEx (NYSE: FDX) to $288.00 (from $283.00) while maintaining a Buy rating following earnings.

The analyst commented, "In our last report (Over the Hump Now, Time to Buy - Favorable Setup Does Not Warrant... More

FedEx (FDX) PT Raised to $343 at Goldman Sachs

December 17, 2021 6:35 AM EST

Goldman Sachs analyst Jordan Alliger raised the price target on FedEx (NYSE: FDX) to $343.00 (from $338.00) while maintaining a Conviction Buy rating following strong results.

The analyst commented, "FDX generated operating EPS of $4.83 per share, or well ahead of GS/Factset consensus of $4.15/$4.28. While Ground... More

FedEx (FDX) Guides FY22 Higher

December 16, 2021 4:06 PM EST

FedEx (NYSE: FDX) sees FY 2022 EPS of $20.50 to $21.50, versus the consensus of $19.64.

... More

FedEx (FDX) Announces New $5B Stock Buyback

December 16, 2021 4:05 PM EST

With earnings, FedEx (NYSE: FDX) announced that its Board of Directors has authorized a new $5 billion share repurchase program. The new program is in addition to the share repurchase program announced in 2016 authorizing the repurchase of up to 25 million shares, of which 2.3 million shares... More

FedEx (FDX) Tops Q2 EPS by 56c

December 16, 2021 4:02 PM EST

FedEx (NYSE: FDX) reported Q2 EPS of $4.83, $0.56 better than the analyst estimate of $4.27. Revenue for the quarter came in at $23.5 billion versus the consensus estimate of $22.44 billion.

GUIDANCE:

FedEx (NYSE: FDX) sees FY 2022 EPS of $20.50... More