Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

FedEx Freight outlook lowered again [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
The focus on higher-value shipments, however, is occurring amid a muted demand backdrop. Volume declines in the period were only partially offset by higher shipment weights and yields. Further, incremental costs associated with a planned separation from parent FedEx Corp. were again an overhang. However, all eyes will be on an Apr. 8 investor day in New York City, where it will provide long-term revenue and margin targets. The spin off of the LTL business is scheduled for June 1. Shares of FedEx Freight will be listed on the New York Stock Exchange under the ticker FDXF. The company completed a $3.7 billion debt offering as part of the transaction in January. Table: FedEx Freight's key performance indicators FedEx Freight reported a 4.7% y/y revenue decline to $1.99 billion in the recent quarter as tonnage fell 4.8% and revenue per hundredweight (yield) was up 0.2%. The tonnage decline resulted from a 5.7% drop in shipments, which was partially offset by a 1% increase in weigh Show less Read more
Impact Snapshot
Event Time:
FDX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for FDX alerts
Opt-in for
FDX alerts

from News Quantified
Opt-in for
FDX alerts

from News Quantified