FedEx(US:FDX) ZACKSยท2025-03-17 14:15Core Viewpoint - FedEx is expected to report quarterly earnings of $4.66 per share, a 20.7% increase year-over-year, with revenues projected at $21.88 billion, reflecting a 0.8% increase compared to the previous year [1]. Earnings Projections - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 1%, indicating a reassessment by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts project 'Revenue- Federal Express segment' to reach $18.89 billion, indicating an 87% year-over-year increase [5]. - 'Revenue- Other and eliminations' is expected to be $894.19 million, reflecting a 20% year-over-year increase [5]. - 'Revenue- FedEx Freight segment' is forecasted at $2.09 billion, suggesting a 1.7% year-over-year decline [5]. Freight Revenue and Volume - Total freight revenue for 'FedEx Express- Freight' is estimated at $1.35 billion, indicating a 14.8% year-over-year decrease [6]. - Average daily package volume for 'FedEx Express - Total international export ADV' is expected to reach 1.11 million, up from 1.03 million year-over-year [6]. - 'FedEx Freight - Weight per shipment' is projected at 922.08 thousand, down from 946 thousand year-over-year [7]. Package Volume and Revenue Metrics - Average daily package volume for 'FedEx Express - Total ADV' is estimated at 17.19 million, significantly up from 5.47 million year-over-year [7]. - 'FedEx Express - Freight - Average daily freight pounds - U.S.' is expected to be 2.59 million, down from 6.09 million year-over-year [8]. - 'FedEx Express - Package - Revenue per package - International export composite' is projected at $51.13, slightly lower than the previous year's $51.58 [10]. Stock Performance - FedEx shares have decreased by 9.6% over the past month, compared to a 7.7% decline in the Zacks S&P 500 composite [10].