Company Performance - FedEx's stock closed at $226.12, reflecting a -1.48% change from the previous day, underperforming the S&P 500's gain of 0.09% [1] - Over the past month, FedEx's stock has increased by 10.58%, which is lower than the Transportation sector's gain of 14.63% and the S&P 500's gain of 13.05% [1] Earnings Estimates - The upcoming EPS for FedEx is projected at $5.98, indicating a 10.54% increase year-over-year [2] - Revenue is expected to be $21.8 billion, representing a 1.41% decline compared to the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $18.17 per share and revenue at $87.46 billion, showing changes of +2.08% and -0.23% respectively from the previous year [3] - Recent analyst estimate revisions indicate a positive outlook for FedEx's business and profitability [3] Valuation Metrics - FedEx has a Forward P/E ratio of 12.63, which is below the industry average of 14.31, suggesting it is trading at a discount [6] - The current PEG ratio for FedEx is 1.19, compared to the industry average PEG ratio of 1.78 [7] Industry Ranking - The Transportation - Air Freight and Cargo industry, which includes FedEx, has a Zacks Industry Rank of 226, placing it in the bottom 9% of over 250 industries [8] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [8]

Company Performance - FedEx's stock closed at $231.15, reflecting a -0.77% change from the previous day, underperforming the S&P 500's gain of 0.73% [1] - Over the past month, FedEx shares have increased by 10.69%, slightly underperforming the Transportation sector's gain of 10.92% but outperforming the S&P 500's gain of 9.07% [1] Upcoming Earnings - FedEx's upcoming earnings per share (EPS) are projected to be $6.03, indicating an 11.46% increase from the same quarter last year [2] - The consensus estimate for revenue is $21.8 billion, which represents a 1.41% decline from the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $18.21 per share and revenue at $87.46 billion, showing changes of +2.3% and -0.23% respectively from the previous year [3] Analyst Estimates - Changes in analyst estimates for FedEx are crucial as they reflect the evolving nature of near-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks FedEx at 3 (Hold), with a recent downward shift of 0.13% in the EPS estimate [6] - Historically, 1 ranked stocks have delivered an average annual return of +25% since 1988 [6] Valuation Metrics - FedEx has a Forward P/E ratio of 12.79, which is lower than the industry average of 14.04 [7] - The company also has a PEG ratio of 1.2, compared to the industry average PEG ratio of 1.74 [7] Industry Context - The Transportation - Air Freight and Cargo industry, to which FedEx belongs, has a Zacks Industry Rank of 196, placing it in the bottom 21% of over 250 industries [8]

Bank of America Securities analyst Ken Hoexter reiterated the Buy rating on FedEx Corporation FDX, lowering the price forecast from $272 to $270.Hoexter noted that FedEx is progressing steadily on its structural cost initiatives, including Network 2.0, DRIVE, and Tri-Color.However, international B2B volumes in F4Q25 faced headwinds.Also Read: Amazon And FedEx Rekindle Talks? Reportedly Explored New Collaborative OpportunitiesWhile March volumes were stable, April weakened and May saw sharp Trans-Pacific dec ...

Amazon and FedEx have entered a package delivery deal.  Business Insider reported, citing an internal document, that a new agreement between the e-commerce giant and delivery company was inked in late February. Under the deal, FedEx will transport some packages that Amazon customers have ordered to their doors on behalf of the e-commerce giant, according to the outlet.  Amazon spokesperson Steve Kelly told FOX Business the company has "reached an agreement with FedEx to serve as one of several third-party p ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Insights - Amazon has entered into a multi-year agreement with FedEx for the delivery of select large packages, following UPS's decision to cut its less-profitable deliveries for Amazon and reduce its workforce by 20,000 jobs [1][10] - The deal is expected to provide Amazon with "cost favorability" compared to UPS, enhancing its delivery options [2][5] - FedEx's shares rose by 7% following the announcement, indicating positive market sentiment towards the partnership [1] Group 1 - The agreement with FedEx will not replace UPS, as FedEx will operate alongside Amazon's existing third-party partners, including UPS and USPS, as well as its own delivery network [3] - FedEx described the agreement as "mutually beneficial," suggesting a potential improvement in the relationship between the two companies after they severed residential delivery ties in 2019 [3][9] - UPS plans to reduce its shipment volumes for Amazon by over 50% by the second half of 2026, focusing on more profitable deliveries [4][10] Group 2 - The competitive landscape between FedEx and UPS has intensified over the past five years, with both companies vying for market share and often competing for the same customer accounts [10]

Amazon will have FedEx deliver large packages to the retailer’s customers for the first time in six years.The companies reached a multiyear agreement that renews a relationship that ended in 2019, Bloomberg reported Monday (May 12).The deal follows a January announcement by UPS that it will cut the number of packages it delivers for Amazon by half by the end of next year, according to the report.Amazon said in the report that it does not plan to use FedEx to replace the business it still does with UPS; inst ...

FedEx (FDX) 2025 Conference Summary Company Overview - **Company**: FedEx Corporation - **Event**: 32nd Annual BofA Industrial Transportation and Airlines Key Leaders Conference - **Date**: May 12, 2025 - **Speakers**: John Dietrich (EVP and CFO), Brie Carrera (EVP and Chief Customer Officer), and the FedEx IR team Key Points Industry Context - FedEx is navigating a challenging economic backdrop, particularly in the B2B sector, which is experiencing recessionary pressures, while B2C remains strong with positive consumer sentiment [20][18] - The company is adapting to recent tariff agreements with China, which are expected to impact shipping volumes and customer behavior [21][23] Strategic Initiatives - **Drive Program**: FedEx has successfully improved operating income (OI) despite revenue declines, showcasing effective cost management and commercial discipline [13][14] - **Network 2.0**: The initiative aims to achieve $2 billion in savings, with a focus on integrating operations without disrupting service levels [92][93] - **Tricolor Achievements**: This program is designed to optimize asset allocation across different freight types, targeting a $80 billion market opportunity [51] Customer Relationships - FedEx has re-engaged with Amazon as a customer for the first time since 2019, focusing on profitable large package deliveries, which will enhance average weight per package and yield [66][70] - The company emphasizes its strong relationships with small and medium-sized businesses (SMBs), maintaining a direct sales approach that supports over 90% of its revenue [108][109] Financial Performance - FedEx reported that its customer base generates approximately $2 trillion in gross merchandise value (GMV) across 2.5 million customers [16] - The company is on track to deliver $2.2 billion in savings for FY25 as part of its ongoing Drive initiative, despite facing inflationary pressures and operational challenges [90][91] Market Dynamics - The recent tariff changes are expected to create a temporary pause in shipping as customers reassess their strategies, particularly concerning inventory management ahead of the holiday season [26][27] - FedEx's international revenue is primarily driven by U.S. domestic operations, with 75% of revenue coming from domestic sources [40] Operational Challenges - The end of the de minimis exemption for low-value shipments from China is anticipated to significantly impact e-commerce volumes, particularly for small businesses [41][44] - FedEx is actively working to assist customers in navigating the complexities of new tariff regulations and compliance requirements [59][61] Future Outlook - FedEx is optimistic about its growth trajectory, particularly in Europe, where it aims to leverage its ground capabilities to improve service levels and profitability [120][122] - The company is focused on technological advancements to streamline operations and enhance customer service, including a shift towards a unified IT infrastructure [100][102] Additional Insights - FedEx's competitive advantage lies in its extensive global network and ability to adapt quickly to changing market conditions, which is crucial for maintaining customer trust and operational efficiency [17][50] - The company is committed to continuous improvement and innovation, ensuring that it remains a leader in the logistics and transportation industry [106][107]

Get The Full Fortune World’s Most Admired Companies StoryClick here to subscribe to The Dividend Dogcatcher. Get more information and the follow-up to this article.Catch A Dog On Facebook the morning of every NYSE trade day on Facebook/Dividend Dog Catcher, A Fredrik Arnold live video highlights a portfolio candidate in the Underdog Daily Dividend Show!Root for the Underdog. Comment below on all your favorite, least favorite, or curiosity stock tickers to make them eligible for inclusion in future FA follow ...

Amazon is going back to FedEx after falling out with UPS. According to an internal document obtained by Business Insider, Amazon signed a new partnership deal with FedEx in late February to handle some parts of its package deliveries.The FedEx deal gives Amazon "cost favorability" compared to UPS, the document said, indicating the retail giant stands to save money from the transition. The document doesn't specify the extent of the deal or which Amazon packages will be handled by FedEx."Securing FedEx ca ...