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FedEx (FDX) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-09-18 22:16
Financial Performance - FedEx reported quarterly earnings of $3.83 per share, exceeding the Zacks Consensus Estimate of $3.65 per share, and up from $3.6 per share a year ago, representing an earnings surprise of +4.93% [1] - The company posted revenues of $22.24 billion for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 2.15%, compared to $21.58 billion in the same quarter last year [2] - Over the last four quarters, FedEx has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - FedEx shares have declined approximately 19.8% since the beginning of the year, while the S&P 500 has gained 12.2% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at $4.04 for the coming quarter and $18.34 for the current fiscal year [4][7] Industry Context - The Transportation - Air Freight and Cargo industry, to which FedEx belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact FedEx's stock performance [5]
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Bloomberg· 2025-09-18 18:15
Spirit pilots are assessing the financial data behind the bankrupt company’s demand for $100 million in annual contract concessions before deciding whether to agree https://t.co/ptidxBdrEA ...
How Should Investors Play Alaska Air Stock Post Bearish Q3 EPS View?
ZACKS· 2025-09-18 16:36
Key Takeaways Alaska Air cut Q3 EPS outlook to $1.00-$1.40, citing high fuel and operational costs.Refinery disruptions lifted fuel guidance to $2.50-$2.55 per gallon from $2.45.A July IT outage and weather-driven issues added to costs and hurt profitability.Alaska Air Group, Inc. (ALK) has unveiled disappointing third-quarter 2025 earnings guidance, citing issues related to higher fuel expenses and operational issues.Given this backdrop, the question that naturally arises is: Should investors buy, hold, or ...
Delta Airlines' Announcement of Non-Stop Flights From JFK to Malta Starting Summer 2026
Globenewswire· 2025-09-18 15:42
New York, New York, Sept. 18, 2025 (GLOBE NEWSWIRE) -- A gamechanger for Malta Tourism promotion in North America, Delta announced its first non-stop flight from JFK to Malta, starting Summer 2026. The timing of the announcement could not be better for Malta as an official delegation led by the Hon. Dr. Ian Borg, Malta’s Deputy Prime Minister and Minister of Foreign Affairs, and joined by Carlo Micallef, CEO, Malta Tourism Authority (MTA), landed today in New York City, as they will officially open a new M ...
Spirit Airlines tells pilots it wants to cut their pay and shave $100 million from their union deal
Business Insider· 2025-09-18 11:34
Spirit Airlines bosses want to cut pilots' union-negotiated pay as it seeks to recover from its second bankruptcy filing in under a year. The airline needs to save $100 million a year on its collective bargaining agreement with pilots, Chief Operating Officer John Bendoraitis told the pilots' union in a Tuesday letter shared with Business Insider.He said Spirit "must achieve significant cost savings" to "secure the company's future." "Given the challenges we face, time is of the essence," he added.The let ...
American Airlines: Buy AAL Stock At $12?
Forbes· 2025-09-18 10:55
American Airlines Boeing 787 Dreamliner aircraft seen flying, landing and taxiing at Athens International Airport ATH after arriving from Philadelphia, USA PHL airport, a transatlantic long haul flight with the no AA758 . (Photo by Nicolas Economou/NurPhoto via Getty Images)NurPhoto via Getty ImagesAmerican Airlines (NASDAQ: AAL) stock has decreased by 27% this year. Despite the decline in fuel costs, investors were unsettled by the company’s sharp reset of its forecast, which includes an anticipated loss f ...
What do India’s richest people spend their money on? Latest wealth report reveals trends about Rolex, Gucci and more
MINT· 2025-09-18 10:30
The Mercedes-Benz Hurun India Wealth Report 2025 highlights the rapid rise of India’s wealthy households, which have almost doubled since 2021 to 8,71,700.These millionaire families, with net worth above ₹8.5 crore, now form 0.31% of all households. Confidence in India’s growth remains high, with 83% optimistic about the next three years.The surge comes with GDP growth, stock market gains, new billionaires and rising gold prices.Maharashtra leads with 1,78,600 millionaire households, fuelled by Mumbai’s 1,4 ...
IndiGo IDFC FIRST Bank Dual Credit Card: How spending smart can get you flying free
MINT· 2025-09-18 08:25
As per DGCA data, India’s domestic airlines flew 1.26 crore passengers in July 2025. IndiGo, India’s largest airline, flew 82.15 lakh passengers with a 65.20% market share. With so many passengers flying with IndiGo, what if your next IndiGo flight ticket is sponsored with credit card reward points? What if the regular spends on your credit card sponsored your next Indigo flight? Yes, you can do that with the IndiGo IDFC FIRST Bank Credit Card.In this article, we will understand what the IndiGo IDFC FIRST B ...
Spirit Airlines To Cut Jobs As It Plans To Reduce Capacity By 25% Amid Financial Woes: Report - Spirit Aviation Holdings (OTC:FLYYQ)
Benzinga· 2025-09-18 05:32
Budget flight carrier Spirit Aviation Holdings Inc. FLYYQ is reportedly planning to reduce its workforce and cut capacity by over 25% YoY amid ongoing financial woes.A Shift To Focus On Spirit's Strongest MarketsThe reduction comes as CEO Dave Davis, in an internal document obtained by CNBC on Wednesday, said that the company will cut capacity to focus on the airline's strongest markets. "These evaluations will inevitably affect the size of our teams as we become a more efficient airline," Davis said in the ...