We came across a bullish thesis on FedEx Corporation on Quality Value Investing’s Substack by David J. Waldron. In this article, we will summarize the bulls’ thesis on FDX. FedEx Corporation's share was trading at $273.34 as of December 1st. FDX’s trailing and forward P/E were 16.02 and 15.11 respectively according to Yahoo Finance. FedEx Corporation (FDX) Has A Warehouse With No People, Says Jim Cramer FedEx Corporation (FDX) is a large-cap, dividend-paying industrials stock operating globally in air fr ...

Core Insights - Uber Technologies reported strong third-quarter 2025 results, with earnings and revenues exceeding expectations [1][3][11] Financial Performance - Earnings per share reached $3.11, surpassing the Zacks Consensus Estimate of 67 cents, and showed over 100% year-over-year growth [3] - Total revenues amounted to $13.46 billion, exceeding the Zacks Consensus Estimate of $13.26 billion, reflecting a 20.4% year-over-year increase [3] - Gross bookings for the Mobility segment increased 19% year-over-year on a constant-currency basis to $25.1 billion [5] - Delivery segment revenues grew 27% year-over-year on a constant-currency basis, with gross bookings rising 24% to $23.3 billion [6] - Total gross bookings reached $48.7 billion, surpassing the estimate of $48.3 billion [6] User Engagement - Monthly active platform consumers increased by 17% to 189 million users [7] - The platform recorded 3.5 billion trips, marking a 22% year-over-year rise [7] Market Outlook - Fourth-quarter 2025 gross bookings are expected to be in the range of $52.25-$53.75 billion, indicating a growth of 17% to 21% year-over-year on a constant currency basis [9] - Despite strong performance, shares fell 5.1% post-earnings release due to soft EBITDA guidance for the fourth quarter [10][11] Strategic Initiatives - Uber is focusing on increasing cross-platform usage to enhance customer engagement and revenues [8] - The company is pursuing a partnership-driven strategy in the autonomous vehicle space to capture opportunities in the emerging robotaxi market [23] - Strategic diversification through acquisitions and geographic expansion is aimed at strengthening market position [21][22] Valuation and Market Position - Uber's forward P/E ratio stands at 27.87, above the industry average, indicating a relatively expensive valuation [16] - Year-to-date, Uber has gained 57%, outperforming competitors like Lyft and DoorDash [13]

Core Insights - FedEx Corporation is a global leader in logistics and transportation, operating the world's largest cargo airline and managing a fleet of over 200,000 vehicles and nearly 700 aircraft, handling over 16 million shipments daily [1][2] Financial Performance - FedEx reported strong fiscal Q1 results on September 18, 2025, with adjusted EPS of $3.83, surpassing estimates of $3.66, marking a 6.4% year-over-year increase [5] - Revenue reached $22.2 billion, exceeding forecasts of $21.9 billion, reflecting a 2.8% growth from the prior year, driven by robust U.S. domestic package volume and pricing strength [5] - Operating income rose 7.4% year-over-year to $1.3 billion, supported by $200 million in transformation savings, while net income increased to $824 million from $794 million a year earlier [6] - The company ended the quarter with $6.2 billion in cash and equivalents, maintaining strong liquidity while repurchasing $500 million in shares and declaring a quarterly dividend of $1.45 per share [6] Future Outlook - FedEx reiterated its full-year 2026 guidance, expecting adjusted EPS between $17.20 and $19.00, alongside projected revenue growth of 4% to 6% [7] - The company expressed confidence in continued cost optimization and pricing power while navigating trade headwinds and investing in network transformation programs [7] Stock Performance - FedEx stock has struggled recently, falling 8.1% over the last five days and 0.3% in the past month, with a year-to-date performance down about 20% and a 52-week loss close to 15% [3] - In contrast, the S&P 500 Index has gained roughly 14% year-to-date, indicating significant underperformance by FedEx [3]

Core Insights - FedEx Corporation is gaining market share through improved service rather than price cuts, as noted by Jim Cramer following the company's earnings report [1] - The company has established strong partnerships to enhance its global shipping capabilities, particularly after the removal of certain exemptions related to China [1] Company Overview - FedEx Corporation provides a range of services including transportation, logistics, e-commerce, express shipping, freight, ground delivery, and supply chain management solutions [2]

Core Insights - Uber Technologies reported strong second-quarter 2025 results, with earnings and revenues exceeding expectations [1][3][10] - The company is experiencing robust demand across its Mobility and Delivery segments, contributing to significant revenue growth [4][6][10] Financial Performance - Q2 2025 earnings per share reached 63 cents, surpassing the Zacks Consensus Estimate by one cent, and reflecting a 34% year-over-year increase [3][10] - Total revenues for the quarter were $12.65 billion, exceeding the consensus estimate of $12.45 billion, marking an 18% year-over-year growth [3][10] - Gross bookings from the Mobility segment increased 18% year-over-year to $23.7 billion, while the Delivery segment saw a 20% rise to $21.7 billion [5][6][10] User Engagement - Monthly active platform consumers grew by 15% to 180 million, with the platform recording 3.3 billion trips, an 18% increase year-over-year [7][10] - The company reported a free cash flow of $2.48 billion, indicating strong financial health [7] Future Outlook - For Q3 2025, Uber anticipates gross bookings between $48.25 billion and $49.75 billion, suggesting a year-over-year growth of 17-21% [9][10] - Adjusted EBITDA is projected to be between $2.19 billion and $2.29 billion, indicating a year-over-year growth of 30-36% [9] Market Position - Year-to-date, Uber's stock has gained 47.9%, outperforming the Zacks Internet-Services industry, which rose by 5.9% [11] - Despite a relatively high valuation with a forward P/E ratio of 27.3, the company maintains a strong market capitalization of $186.57 billion [14][19] Strategic Initiatives - Uber is focusing on diversification through acquisitions and geographic expansion, which are essential for risk reduction [19][20] - The company is pursuing opportunities in the robotaxi market through partnerships with 20 companies in the autonomous vehicle, delivery, and freight sectors [21][22]

Company Overview - Wheels Up Experience Inc. is a leading provider of on-demand private aviation in the U.S. with a large and diverse fleet [3] - The company has a global network of safety-vetted charter operators committed to safety and service [3] - Wheels Up offers charter and membership programs along with commercial travel benefits through a strategic partnership with Delta Air Lines [3] Upcoming Event - The CEO of Wheels Up, George Mattson, will present at the Bank of America Industrials, Transportation, and Airlines Key Leaders Conference in New York on May 15, 2025, at 8:45 am ET [1] - The event will be webcast live and accessible via the Investor Relations website [1][2] Services Offered - In addition to private aviation, Wheels Up provides freight, safety, security, and managed services to various clients, including individuals and government organizations [3] - The Wheels Up app and website allow members to easily search, book, and fly [3]