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-2.56410256410023E-05 -2.56410256410023E-05 -0.00979487179487178 -0.00979487179487178 -0.00946153846153846 -0.00846153846153849 -0.00515384615384613 -0.0102307692307693
Stock impact report

UPS Beats Q1 Estimates But Holds Outlook As Shares Drop 7.2% [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
Adjusted earnings came in at $1.07 per share on revenue of $21.2 billion, both slightly ahead of expectations, yet management held its full-year outlook steady at $89.7 billion in revenue and an adjusted operating margin of about 9.6%. That decision stands in contrast to FedEx Corp., which recently raised its profit expectations, and it could suggest that visibility remains limited as UPS works through a broad restructuring of its delivery network. Warning! GuruFocus has detected 6 Warning Signs with UPS. Is UPS fairly valued? Test your thesis with our free DCF calculator. The market reaction reflected that tension. Shares fell as much as 7.2% after the release, even though the stock had gained 9.1% year to date through the prior close, as investors focused on softer-than-expected margins in the U.S. domestic segment. Analysts pointed to weaker revenue per piece as a key drag, offsetting the earnings beat. At the center of the transition is CEO Carol Tome's strategy to reduce lo Show less Read more
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