FedEx (FDX) shares gain despite revenue miss as earnings top expectations
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
FedEx (FDX) reverses, shares are now up 3.5% following earnings
December 20, 2022 4:58 PM ESTFedEx (NYSE: FDX) reverses, shares are now up 3.5% following earnings.
... MoreFedEx (FDX) Tops Q2 EPS by 37c, Revenues Miss
December 20, 2022 4:04 PM ESTFedEx (NYSE: FDX) reported Q2 EPS of $3.18, $0.37 better than the analyst estimate of $2.81. Revenue for the quarter came in at $22.8 billion versus the consensus estimate of $23.71 billion.
GUIDANCE:
FedEx sees FY2023 EPS of $13.00-$14.00, versus the consensus of $14.08.
For earnings history and earnings-related data on FedEx (FDX) click here.
... MoreFedEx (FDX) PT Lowered to $202 at Evercore ISI
December 19, 2022 5:59 AM ESTEvercore ISI analyst Jonathan Chappell lowered the price target on FedEx (NYSE: FDX) to $202.00 (from $225.00) while maintaining a Outperform rating.... More

