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5 FedEx Analysts Break Down Q4 Earnings: 'We Continue To See Upside Potential'
Sunday, June 27, 2021 - 11:16am | 571FedEx Corporation (NYSE: FDX) traded lower by 4% on Friday after the company delivered lackluster fiscal fourth-quarter numbers on Thursday afternoon. FedEx reported fourth-quarter adjusted EPS of $5.01, narrowly beating consensus analyst estimates of $5. Fourth-quarter revenue of $22.6...
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The Focal Point Of FedEx Earnings Strength Should Be Margins, Analysts Say
Wednesday, September 16, 2020 - 1:26pm | 416Analysts are out with reactions and price target changes after FedEx Corporation (NASDAQ: FDX) reported strong quarterly earnings. FedEx reported second-quarter earnings of $4.87 per share, which beat the analyst consensus estimate of $2.69. The company reported quarterly sales of $19.30 billion,...
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No Holiday Gift From FedEx, But Some Analysts Still See Delivery Around The Corner
Wednesday, December 18, 2019 - 2:30pm | 740FedEx Corporation (NYSE: FDX) shares dropped more than 10% Wednesday after the company's second-quarter earnings miss and fourth guidance cut this year. Analysts acknowledged its dilemma in a changing delivery sector, but some saw FedEx's woes as having bottomed out, with a return to a...
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Wells Fargo Stays Neutral On Brady: 'Expect Some Level Of Choppiness In The Near-Term'
Friday, July 12, 2019 - 2:27pm | 338Brady Corp (NYSE: BRC) is making progress in strengthening its core growth profile, while the workplace safety business appears to be a work in progress, according to Wells Fargo. The Analyst Allison Poliniak-Cusic maintained a Market Perform rating on Brady Corp. with an unchanged $45 price target...
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Wells Fargo On Nordson: Margin Targets Not Reflective Of Cyclical Upside
Friday, December 14, 2018 - 2:23pm | 237Nordson Corporation (NASDAQ: NDSN) reported Q4 EPS short of expectations, but announced positive guidance for 2019. The Analyst Wells Fargo’s Allison Poliniak-Cusic maintains a Market Perform rating on Nordson, lowering the price target to $130 from $135. The Thesis Nordson announced Q4 EPS...
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Actuant's Top-Line Target Is The Company's Key Risk
Friday, October 7, 2016 - 11:45am | 435Wells Fargo believes Actuant Corporation (NYSE: ATU)'s top-line target is a key risk; it downgraded the stock to Market Perform from Outperform. Background, Justification For Downgrade The company recently outlined its new five-year growth plan including 10 percent sales CAGR, including...
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Wells Fargo Increases Valuation Range For Actuant Following Earnings Release
Friday, June 24, 2016 - 10:10am | 217Wells Fargo reiterated its Outperform rating and raised the valuation range of Actuant Corporation (NYSE: ATU), saying higher expectations leading into Q3 results dragged shares down. As such, the company's third-quarter EPS of $0.40, which topped the Street's $0.37 estimate, was unable to offset a...