Previous close | 0.0400 |
Open | 0.0400 |
Bid | 0.0000 |
Ask | 0.5000 |
Strike | 85.00 |
Expiry date | 2025-01-17 |
Day's range | 0.0400 - 0.0400 |
Contract range | N/A |
Volume | |
Open interest | 136 |
FedEx stock (FDX) is delivering serious gains in Wednesday’s trading after the freight and parcel service beat fiscal fourth-quarter earnings estimates on Tuesday. In addition to positive results, the company announced a $2.5 billion share buyback plan and raised its full-year 2025 guidance. Market Domination's Julie Hyman and Josh Lipton examine FedEx's stock momentum as it evaluates the worth of its freight segment and the success of cost-cutting initiatives. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
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