Why FedEx Stock Hit the Gas in June
FedEx beat expectations in its most recent quarter. The company is also considering shedding its freight operation.
Here's Why You Should Retain FedEx (FDX) Stock for Now
FedEx's (FDX) bottom line is bolstered by reduced structural cost initiatives. Efforts to reward shareholders are commendable.
FedEx's Turnaround Story: Why Wall Street Is Betting on 100% Upside
Surprise positive earnings by FedEx (NYSE: FDX ) sent its stock soaring nearly 20% last week. The package delivery specialist easily beat Wall Street's fiscal fourth-quarter revenue and earnings estimates, helping to lift shares to one of its best one-day performances.
FedEx: DRIVE Initiative Has Exceeded My Expectations, For Now
FDX stock has gained 21.3% since July 2023, slightly underperforming the S&P 500. Q4 report shows FDX beat on top and bottom lines, with cost-cutting initiative DRIVE progressing well. Strategic evaluation of Freight business suggests a spinoff could bring significant benefits to shareholders.
FedEx Q4: Turnaround Taking Hold
FedEx while long struggling with operational efficiency, shown in losing USPS contract to UPS, is leading to cost-cutting measures that helped revenue increase in Q4. Recent earnings report beats expectations, showing increased net income, revenue, and operating income, leading their stock to move higher this week. FedEx's valuation suggests undervaluation compared to sector, with potential for significant upside if turnaround continues successfully.
FedEx's Performance Saves the CE 100 Index From Decline as Nike Disappoints
It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight gain in value with a 0.4% uptick led by gains in the “Move,” “Banking” and “Enablers” pillars.
What FedEx Earnings Mean to UPS Investors
Volume improvement is on the way for package delivery companies. The pricing environment remains supportive for revenue growth.
Buffett's Next Big Buy? 3 Value Stocks Warren Could Scoop Up Soon
Warren Buffett is widely known as one of the best value investors of all time. However, there is more that goes on in his thought process than just value.
FedEx Q4: Why The Stock Is A Hold After A 10% Earnings Jump
FedEx stock is up nearly 15% following Q4 earnings report. The company is considering spinning off FedEx Freight, potentially providing a windfall to shareholders. The DRIVE cost-saving initiative has led to increased margins and consolidation of operations, making FedEx a solid investment option.
FedEx Hits A High, Financial Stock Rockets As Profits Soar
FedEx stock broke out of a base following the company's earnings report. And a financial company's annual profits are expected to grow 167%.
Here's Why Shares in FedEx Surged Higher This Week
Revenue and margins improved in a challenging operating environment. Management believes delivery volumes will improve through the year.
3 Stocks to Buy Right Now Without Any Hesitation
Unexpected catalysts are driving the share prices of some previously beaten down stocks sharply higher, presenting a buying opportunity for investors. Surprise earnings beats, new partnerships and takeover rumors are lifting the share prices of several well-known companies that had fallen on hard times.
