FedEx Corporation (FDX) is set to release its second-quarter fiscal 2025 (ended Nov. 30, 2024) results on Dec. 19, after market close.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for second-quarter fiscal 2025 earnings has been revised marginally upward in the past 60 days and is pegged at $3.90 per share. Additionally, the consensus mark implies a 2.3% decline from the year-ago actual. The Zacks Consensus Estimate for second-quarter fiscal 2025 reven ...

Analysts on Wall Street project that FedEx (FDX) will announce quarterly earnings of $3.90 per share in its forthcoming report, representing a decline of 2.3% year over year. Revenues are projected to reach $22.07 billion, declining 0.5% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during t ...

Key TakeawaysFedEx is scheduled to report its fiscal second-quarter earnings after the bell Thursday.Analysts are largely bullish on the stock, and project another quarter showing a small decline in revenue before the shipping giant returns to growth.FedEx has said it plans to complete a review of options for its freight business by the end of the calendar year, as analysts have said it may "unlock value" for the business to be spun off. FedEx (FDX) is set to report its fiscal second-quarter earnings after ...

Wall Street expects a year-over-year decline in earnings on lower revenues when FedEx (FDX) reports results for the quarter ended November 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on December 19, 2024, might help the stock move higher if these key numbers are better than expectat ...

As the holiday shopping season begins earlier and lasts longer, shipping costs are rising sharply, creating additional challenges for retailers and consumers alike as FedEx and UPS extend their surcharge windows this year.Retailers and businesses are struggling with rising costs, as shipping fees have already surged significantly in recent years. FedEx and UPS have implemented nearly 33% price hikes since 2021, driven by rate increases, fuel surcharges and additional fees like premiums for rural addresses a ...

Explore the exciting world of FedEx (FDX 1.73%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of Oct. 16, 2024. The video was published on Nov. 26, 2024. ...

CINCINNATI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the delivery of its W56 electric step van to NorthStar Courier, a FedEx Ground Contract Service Provider based in Minneapolis, Minnesota. The sale was facilitated by Workhorse Certified Dealer, Ziegler Truck Group. This milestone marks the first deployment of the Workhorse W5 ...

If you're looking for top dividend stocks to buy, you may be tempted to look at which high-yielding stocks are the safest ones to own. However, a better option may be to focus on dividend growth stocks. These are good investments to consider for a couple of reasons. The first is that these businesses prioritize dividend growth (which means your recurring income will rise), and the second is that it usually means their operations are also growing and in strong financial shape.Some dividend growth stocks can ...

FedEx Corporation (NYSE:FDX) Baird Global Industrial Conference November 12, 2024 Industry/Company * **Industry**: Transportation and logistics * **Company**: FedEx Corporation (NYSE:FDX) Core Points and Arguments 1. **DRIVE Program**: FedEx's DRIVE program aims to achieve $2.2 billion in savings by fiscal year 2025, following $1.8 billion in savings in fiscal year 2024. The program focuses on cost-cutting initiatives and operational improvements across the company. 2. **Network 2.0**: This initiative involves optimizing the company's network by improving facilities, personnel, and technology. It is expected to be completed by the end of fiscal year 2027. 3. **Peak Season Preparedness**: FedEx is well-prepared for the peak season, with adequate staffing and capacity to meet customer demand. 4. **Tariffs and Taxes**: FedEx supports free trade and is prepared to adapt to any changes in tariffs or taxes. The company has a strong presence in 220 countries and can adapt to changes in demand. 5. **Pricing Strategy**: FedEx has implemented peak pricing surcharges and is encouraged by its ability to pass along costs to customers. The pricing environment remains rational and competitive. 6. **Postal Service Contract Expiration**: FedEx is prepared for the expiration of its Postal Service contract, which will result in a loss of revenue. The company has taken immediate action to mitigate the impact and is working to adapt its network to the change. 7. **Product Mix Shift**: FedEx has seen a shift in product mix towards deferred services, which has put pressure on earnings and margins. The company is focused on improving yields and managing costs. 8. **European Operations**: FedEx is working to improve profitability in Europe through service improvements and operational efficiencies. The company has implemented new leadership and is focused on improving service quality. 9. **Tricolor Program**: This program involves redesigning the company's network to optimize asset utilization and improve efficiency. It includes three networks: purple (Express), white (e-commerce deferred), and orange (priority freight). 10. **Freight Business**: FedEx is conducting a strategic review of its freight business and expects to announce the outcome by the end of the year. 11. **Capital Allocation**: FedEx is focused on investing capital in areas with the highest return on invested capital (ROIC), such as network modernization and hub modernization. The company has reduced capital expenditures and is committed to returning capital to shareholders through share repurchases and dividends. Other Important Points * FedEx has implemented a One FedEx structure, bringing together its Ground and Express companies to create more opportunities for collaboration and efficiency. * The company has a strong focus on talent development and cross-functional collaboration. * FedEx is committed to improving its environmental sustainability and has set ambitious goals for reducing emissions and waste.

In the latest market close, FedEx (FDX) reached $271.18, with a -1.16% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq lost 0.33%.The package delivery company's shares have seen an increase of 5.18% over the last month, surpassing the Transportation sector's loss of 1.78% and the S&P 500's gain of 0.41%.Market participants will be closely following the financial results of FedEx in its upcom ...