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CSX Shares Slide As Q4 Revenues Fall Short, Impact From 'Operational Issues' Notes Analyst
Friday, January 24, 2025 - 1:02pm | 837CSX Corp (NASDAQ:CSX) tanked in early trading on Friday, after the company reported disappointing fourth-quarter revenues. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. BMO Capital Markets On CSX Analyst Fadi Chamoun reiterated an...
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FedEx Posts Downbeat Q1 Earnings, Cuts Guidance: Why Analysts See More Downside Ahead
Friday, September 20, 2024 - 11:11am | 675Shares of FedEx Corp (NYSE:FDX) tanked climbing in early trading on Friday, after the company reported downbeat results for its fiscal first quarter. Here are some key analyst takeaways. BMO Capital Markets analyst Fadi Chamoun reiterated a Market Perform rating, while reducing the price target...
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FedEx Doesn't Deliver As Expected, But Analysts 'Remain Hopeful': 3 Experts Drill Into Q3 Results
Friday, March 22, 2024 - 12:51pm | 500Shares of FedEx Corp (NYSE: FDX) continued to rally in early trading on Friday, after the company reported upbeat quarterly earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. BMO Capital Markets analyst Fadi Chamoun reiterated a...
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FedEx Shares Tank On Q2 Miss: 4 Analysts Deliver Key Takeaways
Wednesday, December 20, 2023 - 4:01pm | 578FedEx Corp (NYSE: FDX) shares tanked in early trading on Wednesday, after the company reported softer-than-expected earnings for its fiscal second quarter and reduced its full-year revenue guidance. The results came amid an exciting earnings season. Here are four analysts' deep dive into...
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FedEx Focuses On Cost Savings: 4 Analysts On Q4 Print, Outlook
Wednesday, June 21, 2023 - 12:42pm | 496Shares of FedEx Corp (NYSE: FDX) tanked in the premarket on Wednesday, even after the company reported better-than-expected earnings for its fiscal fourth quarter. Here are some key analyst takeaways from the earnings release: Morgan Stanley's Ravi Shanker reiterated an Equal-Weight rating,...
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FedEx Revenue Below 'Flattish' Expectations: 6 Analysts Dissect Earnings Miss
Wednesday, December 21, 2022 - 1:02pm | 572FedEx Corporation (NYSE: FDX) shares rose sharply after the company reported its fiscal second quarter adjusted earnings ahead of the consensus estimates, despite a revenue miss. Here are the analyst ratings: Oppenheimer analyst Scott Schneeberger maintained a Perform rating for the stock....
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FedEx 'Surprisingly' Leaves Out Details On What Drove Earnings Miss, Analyst Says
Friday, September 23, 2022 - 1:20pm | 381FedEx Corp. (NYSE: FDX) reported weaker-than-expected fiscal first-quarter results, with earnings of $3.44 per share on revenues of $23.2 billion. Three analysts provide their takes on the Atlanta-based logistics company and its management. Morgan Stanley Analyst Ravi Shanker reiterated an Equal-...
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What's Up With FedEx Stock Today?
Friday, June 25, 2021 - 10:56am | 303FedEx Corp (NYSE: FDX) is trading lower Friday morning despite announcing better-than-expected financial results. What Happened: FedEx reported fourth-quarter earnings of $5.01 per share after the close Thursday, which beat the estimate of $4.99 per share. The company reported quarterly...
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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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FedEx Delivers Pain To Shareholders, But Some Analysts Are Shipping Support
Wednesday, September 18, 2019 - 12:32pm | 761FedEx Corporation (NYSE: FDX) reported concerning fiscal first-quarter results, which prompted management to revise its 2020 outlook lower. FedEx earned $3.05 per share in the quarter on revenue of $17.048 billion versus expectations of $3.17 per share and $17.07 billion due to what management said...
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Analysts: FedEx Still Poised to Deliver Growth, But Not Overnight
Wednesday, June 26, 2019 - 3:11pm | 673FedEx Corporation (NYSE: FDX) should continue to deliver above-average growth along with packages over the long-term, sell-side analysts said Wednesday, brushing aside warnings in its near-term guidance. The package shipping giant reported better-than-expected earnings Tuesday, but highlighted some...
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BMO: Union Pacific On Track For Higher-Than-Expected Cost Savings
Thursday, June 13, 2019 - 4:31pm | 399Meetings with senior management at Union Pacific Corporation’s (NYSE: UNP) highlighted that, although there is increased downside risk to 2019 volume expectations, the company’s efficiency improvement initiatives are on the right track and remain in their early stages, according to...
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BMO Shares Takeaways From Meeting With FedEx, Expects Cost Savings From Buyouts, TNT Express
Thursday, April 11, 2019 - 10:38am | 393A series of meetings with FedEx Corporation (NYSE: FDX) management received a high level of interest from investors, according to their host, BMO Capital Markets. The research firm said the stock has limited downside given a low valuation, modest expectations and projected cost savings from...
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Wall Street Divided On Buying The FedEx Dip
Wednesday, March 20, 2019 - 1:14pm | 630FedEx Corporation (NYSE: FDX) stock dropped nearly 6 percent Wednesday after the company reported below-consensus third-quarter earnings and cut its 2019 guidance. FedEx warned that the international trade war is negatively impacting global growth. “Slowing international macroeconomic...
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BMO Switches Tracks On CSX, Citing Lower Visibility
Wednesday, September 5, 2018 - 11:18am | 349Railroad operator CSX Corporation (NASDAQ: CSX)'s fundamentals remain strong, but a not-so-attractive valuation has sent BMO Capital Markets to the sidelines. The Analyst Analyst Fadi Chamoun downgraded CSX from Outperform to Market Perform and raised the price target from $72 to $77...