Today's Research Daily features new research reports on 16 major stocks, including NVIDIA Corporation (NVDA), Amazon.com, Inc. (AMZN) and UnitedHealth Group Incorporated (UNH).
As FedEx (FDX) reports better-than-expected Q4 earnings per share, we perform an in-depth analysis to determine its current investment worthiness.
On Tuesday, FedEx Corporation (NYSE: FDX) surpassed Wall Street estimates with its top and bottom line fiscal fourth quarter financials. Fiscal Fourth Quarter Highlights For the quarter ended on May 31st, FedEx reported revenue grew slightly on a YoY basis to $22.1 billion, surpassing LSEG’s consensus estimate of $22.07 billion. FedEx earned a net income of $1.47 billion, or $5.94 per share while adjusted earnings per share of $5.41 surpassed LSEG’s estimate of $5.35. Express segment’s margins w