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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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3 FedEx Analysts React To Mixed Q4 Earnings: 'Analyst Day Anticipation Building'
Friday, June 24, 2022 - 3:02pm | 405FedEx Corporation (NYSE: FDX) shares traded higher by 7% on Friday after the conglomerate reported fiscal fourth-quarter earnings that were better than analysts had feared. On Thursday, FedEx reported fourth-quarter adjusted EPS of $6.87, in-line with consensus analyst estimates. Revenue for the...
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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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Why This FedEx Analyst Sees Improving Express, Ground Prospects
Tuesday, April 13, 2021 - 11:04am | 244A proprietary KeyBanc Capital markets index ndicates continued strong business-to-consumer volumes in early 2021, the sell-side firm said in a note. FedEx Corporation (NYSE: FDX) faces a rational pricing environment and the opportunity to gain market share as United Parcel Service, Inc...
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'Steady Stream' Of Positive News Expected From UPS, KeyBanc Says In Upgrade
Monday, September 28, 2020 - 12:09pm | 256While United Parcel Service, Inc’s (NYSE: UPS) prospects are limited in the near term, favorable commentary on long-term objectives is expected in early 2021, according to KeyBanc Capital Markets. The UPS Analyst: Todd Fowler upgraded United Parcel Service from Sector Weight to Overweight...
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KeyBanc Turns Bullish On XPO Logistics: 'Priced For Improvement'
Wednesday, August 19, 2020 - 11:10am | 358Shares of XPO Logistics Inc (NYSE: XPO) have lagged peers, and there is upside to the stock in a cyclical recovery, according to KeyBanc Capital Markets. The XPO Logistics Analyst: Todd Fowler upgraded XPO Logistics from Sector Weight to Overweight with a $110 price target. The XPO Logistics...
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JB Hunt's Q2 Beat Sends Stock To All-Time Highs: What 5 Analysts Have To Say
Friday, July 17, 2020 - 3:24pm | 714J B Hunt Transport Services Inc (NASDAQ: JBHT) stock traded higher Friday after the company reported earnings and revenue beats Thursday afternoon. J B Hunt reported second-quarter EPS of $1.14 on revenue of $2.15 billion. Both numbers topped the consensus analyst estimates of 83 cents and $2....
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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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KeyBanc's Key Takeaways From Meetings With Knight-Swift Transportation Management
Wednesday, August 14, 2019 - 2:04pm | 325Knight-Swift Transportation Holdings Inc (NYSE: KNX) is a good choice for investors seeking truckload exposure, given the compelling stock valuation and the company’s focus on operational improvement across segments and its reduced leverage which supports capital deployment, according to...
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KeyBanc: UPS Set To Deliver With Investment Benefits, International Growth Potential
Wednesday, March 27, 2019 - 2:43pm | 393United Parcel Service, Inc. (NYSE: UPS) is poised to benefit in the near-term from ongoing network investments as well as growth in international markets, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Todd Fowler maintains a Sector Weight rating on United Parcel Service....
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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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Headwinds, Competition For XPO Logistics Send KeyBanc To Sidelines
Monday, January 14, 2019 - 11:24am | 433Competitive concerns around big and bulky final mile providers prompted a KeyBanc Capital Markets analyst to move to the sidelines on XPO Logistics Inc (NYSE: XPO). The Analyst Analyst Todd Fowler downgraded XPO Logistics from Overweight to Sector Weight The Thesis Public carriers have expanded...
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2 Analysts Find XPO Logistics Attractive After 20% Drop
Thursday, December 13, 2018 - 4:58pm | 583Transportation and logistics solutions provider XPO Logistics Inc (NYSE: XPO) caught investors off guard with a surprise outlook announcement for 2019. Despite an initial shock, at least two Street analysts continue to recommend the stock. The Analysts KeyBanc Capital Markets' Todd Fowler...
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KeyBanc Calls UPS Valuation 'Reasonable'
Thursday, September 27, 2018 - 1:06pm | 380Shipping giant United Parcel Services, Inc. (NYSE: UPS) is well positioned to take advantage of the stable macroeconomic environment, but the stock's valuation prevents a bullish stance at KeyBanc. The Analyst KeyBanc Capital Markets' Todd Fowler initiated coverage of UPS with a Sector...