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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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How FedEx Made 'A Solid Start to FY24': Analysts Dive Deeper Into Print, Guidance
Thursday, September 21, 2023 - 12:29pm | 482Shares of FedEx Corp (NYSE: FDX) spiked in early trading on Thursday after the company reported its quarterly results and gained market share. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley On FedEx Analyst Ravi...
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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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5 FedEx Analysts On 'Solid' Q3 Print, Outlook: 'We Got That And More'
Friday, March 17, 2023 - 10:35am | 606Shares of FedEx Corp (NYSE: FDX) jumped in early trading on Friday, after the company raised its earnings guidance. Raymond James analyst Tyler Brown maintained a Market Perform rating on the stock. Oppenheimer analyst Scott Schneeberger reiterated a Perform rating on the stock. Stephens analyst...
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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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FedEx Analysts Say Investors Need To Wait And See What's Next After Guidance Withdrawal
Wednesday, March 18, 2020 - 4:08pm | 875Global delivery giant FedEx Corporation (NYSE: FDX) reported third-quarter results Tuesday and withdrew its guidance for the full year. Here's how some of the Street's top analysts reacted to the announcement. The FedEx Analysts Morgan Stanley analyst Ravi Shanker maintained an...
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Stephens More Bullish On Delta After Guidance Update
Wednesday, July 3, 2019 - 12:41pm | 325Delta Air Lines, Inc. (NYSE: DAL) reported Tuesday certain metrics for June that signals the "doom and gloom" thesis for the airliner is not accurate, according to Stephens. The Analyst Stephens' Jack Atkins resumed coverage of Delta with an Overweight rating and $70 price target. The...
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Stephens Sees Airlines As 'Investable'; Starts Delta, Southwest At Overweight, American, United Continental At Equal-Weight
Tuesday, March 29, 2016 - 9:48am | 603Stephens’ Jack Atkins initiated coverage of the US passenger airline industry with a positive bias, stating that structural changes over the last ten years had created an operating environment in which legacy airlines could remain profitable through an economic cycle. “We look for...
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Analysts Discuss Rumor Ackman is Investing in FedEx, Offer Several Possibilities
Tuesday, July 9, 2013 - 3:33pm | 336Analysts covering FedEx (NYSE: FDX) are speculating just as much as the average investor following a rumor that Bill Ackman is investing in the company. The rumor has shares of FedEx up more than 6 percent Tuesday afternoon. In a letter to Pershing Square investors on Monday, Ackman made it...