FedEx (FDX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Shipping giant FedEx Corporation (NYSE:FDX) will report fiscal first-quarter results after the close on Thursday, Sept.
FedEx (FDX) reachead $283.30 at the closing of the latest trading day, reflecting a +0.09% change compared to its last close.
FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale up the delivery giant's Fulfillment unit which aids small and medium-sized businesses in fulfilling orders and managing inventory.
FedEx's bottom line benefits from cost-cutting efforts. The shareholder-friendly approach is encouraging.
FedEx (FDX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
FedEx remains a solid long-term investment. The setup is excellent. The DRIVE initiative, including the One FedEx and Network 2.0 initiatives, are driving tangible cost reduction and efficiency. FedEx's change management strategies and anticipated lower interest rates are likely to boost financial performance and stock prices.
In the latest trading session, FedEx (FDX) closed at $297.24, marking a +0.02% move from the previous day.
In the latest trading session, FedEx (FDX) closed at $288.44, marking a +0.01% move from the previous day.
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The latest trading day saw FedEx (FDX) settling at $283.33, representing a +0.08% change from its previous close.