FedEx Corp. Reports Third Quarter Results

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FedEx (FDX) PT Raised to $242 at Stifel

March 17, 2023 1:23 PM EDT

Stifel analyst J. Bruce Chan raised the price target on FedEx (NYSE: FDX) to $242.00 (from $222.00) while maintaining a Buy rating.

The analyst commented, "As we previewed earlier this week, a soft operating environment in F3Q23 led to top line pressure at... More

FedEx (FDX) Tops Q3 EPS by 65c, Raises Guidance

March 16, 2023 4:05 PM EDT

FedEx (NYSE: FDX) reported Q3 EPS of $3.41, $0.65 better than the analyst estimate of $2.76. Revenue for the quarter came in at $22.2 billion versus the consensus estimate of $22.74 billion.

GUIDANCE:

FedEx sees Q4 2023 EPS of $14.60-$15.20, versus the consensus of... More