FedEx Earnings Preview: What to Expect from FDX Q1 Results
FedEx's Q1 Earnings Expectations
FedEx Corporation (NYSE: FDX) is gearing up to report its first-quarter earnings on Thursday, September 19, at 4:05 pm ET. Market analysts are projecting earnings of $4.87 per share, signifying an increase from $4.55 per share in the previous year. As the company continues to execute its network optimization program and adjust its corporate structure, this earnings report is poised to indicate how well these efforts have been received.
Recent Stock Performance
Despite impressive gains of 87% over the last couple of years, FDX has seen a slight dip recently. The company’s stock is currently trading around $283.85, indicating some fluctuation as it heads into the earnings report. Additionally, management raised dividends by 10%, showcasing confidence in future performance.
Key Financial Metrics
- Predicted revenue growth: 1% from last year to $22.0 billion
- Improved cash flows and ongoing investments
- Structure cost reduction targets of $4 billion by fiscal 2025
These factors collectively contribute to the anticipation of a positive earnings report. Analysts believe the structural changes will drive value creation for shareholders.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.