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FDX Mar 2025 290.000 call
| Previous close | 9.80 |
| Open | 9.80 |
| Bid | 13.05 |
| Ask | 14.05 |
| Strike | 290.00 |
| Expiry date | 2025-03-21 |
| Day's range | 9.80 - 9.80 |
| Contract range | N/A |
| Volume | |
| Open interest | 39 |
- Yahoo Finance Video
FedEx earnings, Cybertruck recall: Market Domination Overtime
On today's episode of Market Domination Overtime, hosts Julie Hyman and Josh Lipton analyze the market close and some of the biggest stories of the trading day. The Dow Jones Industrial Average (^DJI) reversed course from its Monday gains, closing Tuesday's session lower by over 290 points. Meanwhile, the Nasdaq Composite (^IXIC) soared by 220 points. Federal Reserve leaders spoke on Tuesday, outlining their thoughts on the current state of the economy. Pence Capital Management chief investment officer Dryden Pence signals the potential for one interest rate cut at the end of the year, explaining, "[The Fed] would like to pivot, but I think it continues to move to the right because you have this tremendous robustness of the American economy. I think what people have forgotten is we've added so many workers; we've added 6.1 million new people working in this country since the height of pre-pandemic. When you think about that, that's like adding the entire labor force of Illinois, and that's like adding the entire GDP of France, which is the seventh largest country in the world. And so we've grown France in the last four years." FedEx (FDX) reported fourth quarter earnings that topped Wall Street expectations. The shipping giant reported adjusted earnings of $5.41 per share compared to the estimated $5.34. Pence points to a reacceleration in e-commerce and improved margins as tailwinds for the company. On the autos front, shares of Rivian (RIVN) jumped after Volkswagen (VWAGY, VOW.DE) announced it would invest up to $5 billion as part of a joint venture. Meanwhile, Tesla (TSLA) is under pressure after announcing its fourth recall of the Cybertruck. Finally, Julie Hyman and Josh Lipton break down what to watch on Wednesday, June 26, from Nvidia's (NVDA) shareholder meeting to Chipotle's (CMG) 50-for-1 stock split. This post was written by Melanie Riehl
- Yahoo Finance Video
FedEx stock jumps on outlook, buyback plans
FedEx (FDX) reported fourth quarter earnings that topped Wall Street expectations. The shipping giant reported adjusted earnings of $5.41 per share compared to an estimate of $5.34. Revenue of $21.1 billion was in line with estimates. For the full year 2025, FedEx sees adjusted earnings per share in a range of $20.00 to $22.00 versus an expectation of $20.85. For revenue, the company expects low-to-mid single-digit percent growth year-over-year. FedEx also said it plans to repurchase up to $2.5 billion worth of shares in fiscal 2025. Pence Capital Management CIO Dryden Pence says there are a few things that are benefiting FedEx. He points to a re-acceleration in e-commerce and improved margins. He also likes the share buyback, saying that all those things are "positive trends" for the stock. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
ZacksCompared to Estimates, FedEx (FDX) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for FedEx (FDX) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
