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FDX FedEx Corp

260.65
-1.38 (-0.53%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
FedEx Corp NYSE:FDX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.38 -0.53% 260.65 265.57 259.845 263.50 1,085,245 01:00:00

Trending: FedEx 2Q Rises, But Still Misses Expectations

20/12/2023 3:11pm

Dow Jones News


FedEx (NYSE:FDX)
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From Nov 2023 to May 2024

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9:40 a.m. ET -- FedEx is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. FedEx reported higher profit in its second quarter as weaker demand continued to pressure revenue. The company posted a profit of $900 million, or $3.55 a share, in the quarter, compared with $788 million, or $3.07 a share, a year earlier. Analysts polled by FactSet expected per-share earnings of $3.97. Stripping out certain one-time items, adjusted per-share earnings came to $3.99, below the $4.19 forecast by analysts, according to FactSet. Revenue fell to $22.2 billion from $22.8 billion a year earlier, missing the $22.36 billion expected by analysts polled by FactSet. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

December 20, 2023 09:56 ET (14:56 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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