FedEx (FDX) Laps the Stock Market: Here's Why

Core Viewpoint - FedEx is expected to report a decline in earnings per share while showing revenue growth in its upcoming earnings release, indicating mixed performance in the financial outlook. Financial Performance - FedEx is projected to report earnings of $4.06 per share, representing a year-over-year decline of 9.98% [2] - Revenue is estimated at $23.46 billion, reflecting a year-over-year increase of 5.89% [2] - For the entire fiscal year, earnings are projected at $18.38 per share and revenue at $92.6 billion, indicating changes of +1.04% and +5.32% respectively from the prior year [3] Analyst Estimates - Recent modifications to analyst estimates for FedEx indicate changing business trends, with upward revisions suggesting positive sentiment towards the company's operations [4] - The Zacks Consensus EPS estimate has shifted 0.69% downward over the past month, and FedEx currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - FedEx has a Forward P/E ratio of 16.56, which is in line with the industry average [7] - The company has a PEG ratio of 1.53, compared to the industry average PEG ratio of 1.87 [8] Industry Position - The Transportation - Air Freight and Cargo industry holds a Zacks Industry Rank of 99, placing it in the top 41% of all industries [9]