collected by :Victor Alphen
limited liability company(NYSE:FDX) Ratings CoverageAmong 27 analysts covering FedEx (NYSE:FDX), 16 have Buy rating, 1 Sell and 10 Hold.
$3.84 EPS Expected for FedEx Corporation (FDX)June 19, 2017 – By Henry GastonInvestors sentiment is 0.93 in 2016 Q4.
After $2.35 actual EPS reported by FedEx Corporation for the previous quarter, Wall Street now forecasts 63.40 % EPS growth.
The Company’s divisions include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services.
196.16 million shares or 1.84% more from 192.62 million shares in 2016Q3 were reported.
(FDX) Stock Keeps Its Wings After Earnings Beat
Both FDX stock and UPS stock handily beat the S&P 500 Index, which gained a bit over 2% over the same period.
A Q4 Beat for FDX StockFor Q4, FedEx revenue rose a sharp 20%, aided by last year’s acquisition of TNT Express.
FedEx Corporation (NYSE: FDX ) stock had seen a bit of a breakout heading into the company’s fiscal fourth-quarter earnings report on Tuesday afternoon.
Over the past month, FedEx stock had returned almost 12%, against a little over 7% for rival United Parcel Service, Inc. (NYSE: UPS ).
But it was expected that a big Q4 beat would reverse those losses and lead FedEx stock to yet another all-time high.
FedEx Corporation Company ProfileFedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand.
TRADEMARK VIOLATION NOTICE: “Novare Capital Management LLC Sells 95 Shares of FedEx Corporation (FDX)” was originally posted by Markets Daily and is the sole property of of Markets Daily.
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Get FedEx Corporation alerts:FedEx Corporation (NYSE FDX) opened at 210.45 on Tuesday.
Novare Capital Management LLC’s holdings in FedEx Corporation were worth $4,374,000 at the end of the most recent quarter.