FedEx (FDX) PT Raised to $302 at Wolfe Research

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. VRTX
4. CHKP
5. ON
6. CRWD
7. INSP
8. HNGE
9. MRVL
10. MTCH

Go back to FedEx (FDX) PT Raised to $302 at Wolfe Research

FedEx (FDX) Gains on Solid FY23 Outlook, Analysts Mostly Bulled Up Into Next Week's Investors Day

June 24, 2022 6:47 AM EDT

FedEx (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