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0 -0.00063430777716497 -0.00350248207391075 -0.000551571980143377 -0.0023166023166024 -0.00722559293987867 -0.00609487038058477 -0.0119415333701049
Stock impact report

FedEx: A Strong Q3, But A Rich Valuation [Seeking Alpha]

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: Seeking Alpha
FDX reported a double beat: non-GAAP EPS of $5.25 (exceeding by $1.12) and $24B revenue (over $500M above estimates), up 8.1% YoY. Market reaction to Q3 earnings was positive, reinforcing confidence in FDX's ongoing operational improvements and growth trajectory. The stock appears to be trading at a premium valuation, and it would behoove investors to wait for a more opportune entry point. Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Previous Coverage In my prior coverage of FedEx Corporation ( FDX ), I rated the stock a HOLD as I wanted to see what the next earnings call would bring. In that This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busine Show less Read more
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