FedEx Reports Flat Q1 Revenue, Lower EPS
FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
FedEx: Fiscal Q1 Earnings Snapshot
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal first-quarter net income of $794 million. On a per-share basis, the Memphis, Tennessee-based company said it had profit of $3.21. Earnings, adjusted for non-recurring costs, were $3.60 per share.
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue in 1Q -- Update
FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter after weaker-than-expected demand, particularly in the U.S. domestic package market, dragged down its results.
FedEx Corporation Bottom Line Declines In Q1
FedEx Corporation (FDX) revealed a profit for first quarter that decreased from last year The company's bottom line came in at $1.47
Lennar: Fiscal Q3 Earnings Snapshot
MIAMI (AP) — MIAMI (AP) — Lennar Corp. (LEN) on Thursday reported fiscal third-quarter profit of $1.16 billion. The Miami-based company said it had net income of $4.26 per share. Earnings, adjusted for non-recurring gains, were $3.90 per share.
FedEx's Profit, Revenue Set to Rise in 1Q -- Earnings Preview
EARNINGS: The package-shipping company is expected to post per-share earnings of $4.58, up from $4.23 a year earlier, according to FactSet. SALES: Analysts polled by FactSet forecast the Memphis, Tenn.
Breaking Down FedEx Earnings, Profit Outlook
Andrew Graham, managing partner at Jackson Square Capital, shares his take on FedEx's latest financial results and its prospects. The Memphis-based company cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.
FedEx (FDX) Q1 Earnings and Revenues Miss Estimates
FedEx (FDX) came out with quarterly earnings of $3.60 per share, missing the Zacks Consensus Estimate of $4.82 per share. This compares to earnings of $4.55 per share a year ago. These figures are adjusted for non-recurring items.
MarketWatch9h
Stock Market Today: Dow, S&P 500 in record territory after Fed's big rate cut
Markets could see more volatility between now and the end of the year as a result. Brian Mulberry, client portfolio manager at Zacks Investment Management, said he expects investors will continue to ...
Zacks.com on MSN2h
Riot Platforms, Inc. (RIOT) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Riot Platforms, Inc. (RIOT) closed the latest trading day at $7.22, indicating a +0.7% change from the previous session's end. The stock lagged the S&P 500's daily gain of 1.7%. At the same time, the ...
ODP Corp. (ODP) Stock Sinks As Market Gains: What You Should Know
ODP Corp. (ODP) closed at $29.75 in the latest trading session, marking a -0.13% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 1.7% for the day. Meanwhile, ...
Zacks Investment Ideas feature highlights: lululemon, Dollar Tree and Caterpillar
Chicago, IL – September 18, 2024 – Today, Zacks Investment Ideas feature highlights lululemon LULU, Dollar Tree DLTR, ...
Zacks.com on MSN3d
Zacks Industry Outlook Intuitive Surgical, Masimo and Veracyte
The consensus estimate for this Zacks Rank #1 (Strong Buy) company’s 2024 sales is pegged at $8.1 billion, indicating a 13.7% ...
3 Refining & Marketing Stocks to Watch Amid a Challenging Environment
In recent quarters, fuel margins for companies in the Zacks Oil and Gas - Refining & Marketing industry have declined, falling significantly below the peak levels seen in 2022. Al ...
The Zacks Analyst Blog Dream Finders Homes, Century Communities, Taylor Morrison Home, Meritage Homes and Tri Pointe Homes
Dream Finders Homes, Century Communities, Taylor Morrison Home, Meritage Homes and Tri Pointe Homes are included in this ...
Zacks.com on MSN2h
D.R. Horton (DHI) Rises Yet Lags Behind Market: Some Facts Worth Knowing
The most recent trading session ended with D.R. Horton (DHI) standing at $197.06, reflecting a +1.48% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 1.7%.