Exhibit 99.1 FedEx Reports Higher Full-Year Diluted EPS of $17.21 and Adjusted Diluted EPS of $17.80 Introduces Fiscal 2025 Outlook, Including $2.2 Billion of DRIVE Cost Savings Conducting an Assessment of the Role of FedEx Freight in Value-Creation Plans Returned $3.8 Billion to Stockholders Through Stock Repurchases and Dividends During Fiscal 2024 MEMPHIS, Tenn., June 25, 2024 ... FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the quarter ended May 31 (adjusted measures exc ...

Tuesday, June 25th, 2024We’re experiencing a reverse of the reversal ahead of today’s open. The Dow, which has led market indices since last week’s Juneteenth break, is currently -73 points, while the S&P 500 is +6 points and the Nasdaq +69. This is more the feel we’ve experienced for most of this past quarter, which ends when this workweek does. The Dow is still down -1% from the start of the quarter, while the S&P and Nasdaq are up +4% and +7.5%, quarter to date.Case-Shiller Home Prices for April have jus ...

Now fully in the summer trading weeks, we expect to move a little more slowly. We do have some key economic data and even some important earnings reports expected by the end of this week, but nothing of note today — aside from some Fed-speak from Chicago President Austan Goolsbee, San Francisco President Mary Daly and Fed Governor Christopher Waller. An hour before the opening bell, the Dow is currently up +88 points, the S&P 500 is +2 and the Nasdaq is -20 points.The Housing sector will see some important ...

Monday, June 24th, 2024Now fully in the summer trading weeks, we expect to move a little more slowly. We do have some key economic data and even some important earnings reports expected by the end of this week, but nothing of note today — aside from some Fed-speak from Chicago President Austan Goolsbee, San Francisco President Mary Daly and Fed Governor Christopher Waller. An hour before the opening bell, the Dow is currently up +88 points, the S&P 500 is +2 and the Nasdaq is -20 points.The Housing sector w ...

F T I T P n Sundry Photography FedEx (NYSE:FDX) revenue has declined on a y-o-y (yoy) basis for the last 6 quarters. When the transportation giant reports their fiscal Q4 '24 after the closing bell on Tuesday night, June 25th, 2024, here's what the Street consensus is expecting: Revenue - $22.1 billion for yoy growth of 1% Operating income - $1.8 billion for yoy growth of 4% EPS - $5.36 for yoy growth of 9% Readers will likely consider those metrics "uncompelling" in the world of Nvidia and large-cap tech, ...

Nike, Micron, FedEx, Carnival, and More Stocks to Watch This Week ...

These stocks haven't been doing great this year, but they can make for excellent investments over the long run. Don't settle for dividend stocks that don't raise their payouts. If a dividend-paying company is doing well, it should generally have room to increase its dividend, even if by a modest amount. It's not only a good indicator that the business is doing well, but it also means more dividend income for you. Three companies that raised their dividend payments this month are Realty Income (O 0.26%), Tar ...

Market Overview - Nvidia (NVDA) briefly became the world's largest public company by market capitalization, overtaking Microsoft (MSFT) before Microsoft regained its lead [1] - The Nasdaq and S&P 500 reached record closing highs, with the S&P 500 topping 5,500 for the first time [1] - IBD's market exposure guide indicates an investment level of 80%-to-100% [1] Company Earnings and Performance - Micron Technology (MU) is expected to report fiscal Q3 earnings of 48 cents per share on sales of $6.66 billion, a significant improvement from a loss of $1.43 per share on sales of $3.75 billion in the previous year [3] - Nike (NKE) is anticipated to report Q4 results with earnings acceleration and slight sales growth, despite a nearly 12% decline in stock price this year [5] - FedEx (FDX) is set to report fiscal Q4 results, with analysts predicting an 8% EPS growth and less than 1% revenue increase [6][7] - Carnival (CCL) expects to report improved Q2 losses of 2 cents per share, with revenue projected to increase by 15.6% to $5.68 billion [8] - Levi Strauss (LEVI) is forecasted to see a 169% earnings jump and a 9% sales gain for Q2, despite struggling sales in recent quarters [8] Economic Indicators - Wall Street anticipates a modest increase of 0.1% to 0.15% in the core PCE price index, indicating a potentially stable inflation environment [4] - Initial jobless claims data will be closely monitored, as it may suggest a softening labor market amid high interest rates [4]

HAMILTON, ONTARIO - MAY 29: A FedEx truck is displayed prior to the RBC Canadian Open at Hamilton ... [+] Golf & Country Club on May 29, 2024 in Hamilton, Ontario. (Photo by Vaughn Ridley/Getty Images)Getty ImagesFedEx (NYSE: FDX) is scheduled to report its fiscal Q4 2024 results on Tuesday, June 25 (FedEx’s fiscal ends in May). We expect FDX stock to trade higher post the Q4 announcement, with its revenue and earnings expected to be above the street estimates. The company should continue to benefit from it ...

FedEx Corporation (FDX) is set to release its fourth-quarter fiscal 2024 (ended May 31, 2024) results on Jun 25, after market close.Some investors may be deliberating whether to purchase the stock of this transportation heavyweight before Jun 25 or wait for a better entry point.The Zacks Consensus Estimate for revenues is pegged at $22.12 billion, suggesting growth of 0.85% from the year-ago quarter’s reported figure. The consensus mark for earnings is pegged at $5.34 per share, indicating an 8.1% rise from ...