FedEx earnings missed Investing.com’s estimates by $0.20


© Reuters. FedEx earnings missed $0.20, sales missed estimates

Investing.com – FedEx (NYSE: ) reported second-quarter earnings of $3.99 per share, missing analysts’ consensus estimates of $4.19 by $0.20. Revenue for the quarter came in at $22.2 billion, versus the consensus estimate of $22.37 billion.

Knowledge

FedEx expects fiscal 2024 earnings per share of $17.00-$18.50, versus analysts’ consensus of $18.25.

FedEx shares closed at $280.14. It has risen 7.30% over the past 3 months and 70.45% over the past 12 months.

FedEx had 18 positive EPS revisions and 4 negative EPS revisions over the past 90 days. Take a look at FedEx’s past earnings share price reactions here.

According to InvestingProFedEx’s Financial Health Score is “good performance“.

See FedEx and FedEx financial results here.

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