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0.000123124549276292 -0.000334195205178163 0.00117847782878665 0.000756336516982505 0.000193481434576915 0.000193481434576915 0.000193481434576915 0.000193481434576915
Stock impact report

FedEx (FDX) Q3 Earnings Surpass Estimates, Revenues Lag [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
FedEx Corporation's FDX reported third-quarter fiscal 2024 earnings per share (EPS) (excluding 35 cents from non-recurring items) of $3.86, which beat the Zacks Consensus Estimate of $3.49 and improved 13.2% year over year. The uptick was backed by the execution of the company's DRIVE program initiatives and continued focus on service and revenue quality. Revenues of $21.70 billion fell short of the Zacks Consensus Estimate of $22.02 million and decreased 2.1% from the year-ago fiscal quarter's reported figure. Operating expenses (reported basis) decreased 3% to $20.49 billion owing to the company's cost reduction actions. Operating income, on a reported basis, increased 16.2% to $1.36 million from the year-ago fiscal quarter's reported number. Operating margin improved to 6.3% from 5.35% in the year-ago reported quarter. FedEx Corporation Price, Consensus and EPS Surprise FedEx Corporation price-consensus-eps-surprise-chart | FedEx Corporation Quote Segmental Performance Show less Read more
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