FedEx (FDX) Misses Q4 EPS by 1c, Offers FY23 EPS Guidance Tops Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
- Brent falls as Iran's president discusses mediation with Pakistani army chief
- Abbott plans to spin off its nutrition unit as a standalone public company
- Alphabet shares drop ahead of earnings next week
- Supermicro raises Q1 FY2027 revenue outlook on AI demand
- Dow outperforms as Wall Street rises, healthcare stocks lead gains
- Crude Inventory Fell 3.06 Million Barrels Last Week - EIA
FedEx (FDX) Gains on Solid FY23 Outlook, Analysts Mostly Bulled Up Into Next Week's Investors Day
June 24, 2022 6:47 AM EDTFedEx (NYSE: FDX) gained 3% in pre-open trading Friday following solid fourth quarter earnings results and higher fiscal 2023 guidance. The results have prompted several Wall Street analysts to raise their price targets today.
The shipping giant reported Q4 EPS of $6.87, versus the consensus estimate of $6.88. Revenue was $24.4 billion, compared to the consensus estimate of $24.47 billion and $22.6 billion last year. FedEx expects full 2023-year EPS to be in the range of $22.50-$24.50, above the consensus estimate of... More



