FedEx Corporation (FDX): Enhancing Profitability with Strategic Cost-Saving Initiatives Published on October 23, 2024 at 12:37 pm by Attiya Zainib in News ...

FedEx is undervalued in a tech-driven market, trading at forward P/E of 13.1. Read why I think patient FDX investors could ...

Express margins missed our profitability forecast (and likely buy-side expectations), declining year over year and sequentially to a paltry 1.7%.

At FedEx Express Corporation, we achieved strong results on a year-over-year basis and greater flow through to the bottom line with adjusted operating profit up 13% on essentially flat revenue.

FedEx shares jumped as much as 15% on Wednesday after the delivery giant reassured investors with a bullish annual profit forecast and said it is weighing whether to sell or spin-off its freight ...

For FedEx, the expiration would negatively affect profitability for a company that is undergoing plenty of cost cuts of its own in an effort to save $4 billion in costs by 2025.

Barclays raised its target by $40, the biggest for FedEx on Friday. Shares of FedEx trade at 12.72 times forward profit estimates, below rival UPS's 18.01 multiple.

FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street’s expectations, sending shares of the package-delivery giant lower in after-hours trade.

FedEx shares plunged 2.4% Wednesday after the shipping giant revealed a disappointing profit forecast as President Trump’s tariffs weigh on global transit.