Honeywell and FedEx spinoff plans: can investors hope for a GE Vernova-like success?
Breaking up companies into smaller, independent entities is proving to be a winning formula for investors. Spinoffs, often pursued to create shareholder value, have delivered extraordinary returns in 2024.
After GE's Spinoff Success, What's Next for Honeywell, FedEx
For every GE Vernova, up 154%, there is a Kenvue, which has dropped more than 20%, or a Solventum, which has fallen 17%.
Watch These FedEx Levels as Stock Jumps on Plans for Freight Business Spinoff
FedEx (FDX) shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its freight business as a separate public company, overshadowing a lowered full year outlook.
FedEx upgraded to Buy from Hold at Loop Capital
Loop Capital upgraded FedEx to Buy from Hold with a price target of $365, up from $288.
FedEx Corporation (FDX) Q2 2025 Earnings Call Transcript
FedEx Corporation (NYSE:FDX ) Q2 2025 Results Conference Call December 19, 2024 5:30 PM ET Company Participants Jeni Hollander - VP of IR Raj Subramaniam - President and CEO Brie Carere - EVP and Chief Customer Officer John Dietrich - EVP and CFO Conference Call Participants Chris Wetherbee - Wells Fargo Ken Hoexter - Bank of America Ari Rosa - Citigroup Jordan Alliger - Goldman Sachs Daniel Imbro - Stephens Inc Jason Seidl - TD Cowen Conor Cunningham - Melius Research Brian Ossenbeck - JPMorgan Brandon Oglenski - Barclays Bruce Chan - Stifel Jon Chappell - Evercore ISI Scott Group - Wolfe Research Tom Wadewitz - UBS David Vernon - Bernstein Operator Good day, and welcome to the FedEx Fiscal Year 2025 Second Quarter Earnings Call. All participants are in a listen-only mode.
FedEx CEO Raj Subramaniam: Our scaled network provides us an advantage in this dynamic time
FedEx CEO Raj Subramaniam joins 'Mad Money' host Jim Cramer to talk quarterly results, spinning off its freight business, impact of potential tariffs and more.
FedEx (FDX) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for FedEx (FDX) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Markets Flat After Big Selloff Day; FDX, NKE Beat on Earnings
Results were nowhere near as bad as they were yesterday, but only the Dow had modestly positive numbers.
FedEx CEO touts company's 'scaled network' as supply chain challenges loom with Trump presidency
FedEx CEO Raj Subramaniam said his company can do well even if there is a supply chain shakeup. President-elect Donald Trump has threatened to drastically hike import tariffs for several countries, especially China, and these moves would likely disrupt global supply chains.
FedEx (FDX) Surpasses Q2 Earnings Estimates
FedEx (FDX) came out with quarterly earnings of $4.05 per share, beating the Zacks Consensus Estimate of $3.90 per share. This compares to earnings of $3.99 per share a year ago.
FedEx is spinning off its freight business
FedEx will spin off its freight business into a new publicly traded company. FedEx Freight will separate from FedEx over the next 18 months.
FedEx Earnings Report | Closing Bell
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