© Reuters. FedEx Earnings Missed Estimates by $0.20
Investing.com – FedEx (NYSE: ) reported second-quarter earnings per share (EPS) of $3.99, $0.20 worse than analysts' estimate of $4.19. Revenue for the quarter was $22.2 billion, compared to the consensus estimate of $22.37 billion.
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FedEx forecasts fiscal 2024 EPS of between $17.00 and $18.50, versus the analyst consensus of $18.25.
FedEx's stock price closed at $280.14. It has increased by 7.30% in the last 3 months and 70.45% in the last 12 months.
FedEx recorded 18 positive EPS revisions and 4 negative EPS revisions in the last 90 days. See past FedEx stock price reactions to earnings here.
According to InvestingPro, FedEx's financial health score is “good performing.”
See FedEx and FedEx financials here.
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