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FDX

Fedex Corp

$233.62

Earnings Summary

Revenue
$24394Mn
Net Profits
$558Mn
Net Profit Margins
2.29%

Highlights

Revenue:

Fedex Corp’s revenue jumped 8.11% since last year same period to $24394Mn in the Q2 2022. On a quarterly growth basis, Fedex Corp has generated 3.19% jump in its revenue since last 3-months.

Net Profits:

Fedex Corp’s net profit fell -70.13% since last year same period to $558Mn in the Q2 2022. On a quarterly growth basis, Fedex Corp has generated -49.82% fall in its net profits since last 3-months.

Net Profit Margins:

Fedex Corp’s net profit margin fell -72.37% since last year same period to 2.29% in the Q2 2022. On a quarterly growth basis, Fedex Corp has generated -51.37% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Fedex Corp post its latest quarter earnings

EPS Estimate Current Quarter
5.24
EPS Estimate Current Year
5.24

Highlights

EPS Estimate Current Quarter:

Fedex Corp’s earning per share (EPS) estimates for the current quarter stand at 5.24 - a -23.62% fall from last quarter’s estimates.

EPS Estimate Current Year:

Fedex Corp’s earning per share (EPS) estimates for the current year stand at 5.24.

Key Ratios

Key ratios of the Fedex Corp post its Q2 2022 earnings

Earning Per Share (EPS)
6.87

Highlights

Earning Per Share (EPS):

Fedex Corp’s earning per share (EPS) jumped 37.13% since last year same period to 6.87 in the Q2 2022. This indicates that the Fedex Corp has generated 37.13% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-17
4.64
4.59
-1.08%
2022-07-18
6.86
6.87
0.15%

Company Information

Fred Smith founded FedEx in 1971, revolutionising the delivery business by providing overnight deliveries. Formerly known as Federal Express Corporation and FDX Corporation, FedEx is a multinational conglomerate headquartered in Memphis, Tennessee. The industry leader of transportation and e-commerce services, FedEx was the inventor of express distribution, offering reliable and swift delivery to over 220 countries. It covered markets that made up 99% of the world’s GSP within one to three business days. With cutting-edge technology and sound transportation infrastructure, including air routes, FedEx fulfils more than 3.6 million shipments each day. FedEx is in partnership with United States Postal Services(USPS) to provide hybrid postal services, making USPS the largest customer of FedEx. FedEx Corp is the holding company with the segments like Express, Logistics, Ground, Freight, Services, and more with the prefix FedEx, spread across the transportation, e-commerce and business services industries. FedEx Express caters to domestic and international shipping services. FedEx Ground is for ground delivery services of smaller packages. FedEx Feight covers general freight services. The FedEx Logistics segment provides integrated supply chain management solutions. FedEx Corp’s central hub is in Memphis International Airport, which is also the busiest cargo airport in the world. FedEx acquired a popular e-commerce platform named ShopRunner in December 2020. Through an investment of $2 billion, FedEx planned sustainable energy initiatives and carbon-neutral operations by 2040. FedEx Corp is said to be the first customer of General Motor’s electric delivery vans, the EV600, as part of their goal of having an all-electric ground fleet by 2040. Currently Fedex Corp has a market cap of $56.29 Billion. It has a P.E ratio of 11.34. The shares of Fedex Corp are trading at $217.0. .

Organisation
Fedex Corp
Headquarters
Memphis, Tennessee, US
Employees
2.02K
Industry
Transportation
CEO
Frederick Smith