FedEx (FDX) Gains on Solid FY23 Outlook, Analysts Mostly Bulled Up Into Next Week's Investors Day
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FedEx (FDX) PT Raised to $295 at Stephens
June 24, 2022 6:25 AM EDTStephens analyst Jack Atkins raised the price target on FedEx (NYSE: FDX) to $295.00 (from $285.00) while maintaining a Overweight rating.... More
FedEx (FDX) PT Raised to $307 at Evercore ISI
June 24, 2022 6:17 AM EDTEvercore ISI analyst Duane Pfennigwerth raised the price target on FedEx (NYSE: FDX) to $307.00 (from $291.00) while maintaining a Outperform rating.... More
FedEx (FDX) PT Raised to $312 at UBS
June 24, 2022 4:45 AM EDTUBS analyst Thomas Wadewitz raised the price target on FedEx (NYSE: FDX) to $312.00 (from $300.00) while maintaining a Buy rating.... More
FedEx (FDX) PT Raised to $339 at Loop Capital
June 24, 2022 4:36 AM EDTLoop Capital analyst Rick Paterson raised the price target on FedEx (NYSE: FDX) to $339.00 (from $328.00) while maintaining a Buy rating.... More
FedEx (FDX) PT Raised to $302 at Wolfe Research
June 24, 2022 2:54 AM EDTWolfe Research analyst Scott Group raised the price target on FedEx (NYSE: FDX) to $302.00 (from $292.00) while maintaining a Outperform rating.... More
Stocks expected to have increasing option volume: FDX CCL BB TREE NVAX BHC BLCO
June 23, 2022 8:15 PM EDTStocks expected to have increasing option volume: FDX CCL BB TREE NVAX BHC BLCO
... MoreFedEx gets more selective about shipments, profit rises
June 23, 2022 4:23 PM EDTLOS ANGELES (Reuters) -FedEx Corp reported higher quarterly earnings and issued a stronger-than-expected full-year forecast on Thursday, after it cherry-picked profit-boosting deliveries amid softening global demand for shipping.
FedEx's closely-watched Ground unit margin improved from the prior quarter, helping to send shares of the Memphis-based company up 2% to $232.75 in extended trading. That operation handles the bulk of its e-commerce home deliveries and drives the company's growth. But it performance has lagged that of rival United Parcel... More
FedEx (FDX) Shares Gain on Solid Q4 Earnings and Better Than Expected 2023 Guidance
June 23, 2022 4:21 PM EDTFedEx (NYSE: FDX) shares were trading more than 3% higher after-hours despite the companys slight Q4 miss, with EPS of $6.87 coming in worse than 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... More
FedEx (FDX) Misses Q4 EPS by 1c, Offers FY23 EPS Guidance Tops Consensus
June 23, 2022 4:03 PM EDT(Updated - June 23, 2022 4:04 PM EDT)
FedEx (NYSE: FDX) reported Q4 EPS of $6.87, $0.01 worse than the analyst estimate of $6.88. Revenue for the quarter came in at $24.4 billion versus the consensus estimate of $24.47 billion.
GUIDANCE:
FedEx sees 2023 EPS of $22.50-$24.50, versus the... More
