FedEx (FDX) shares tumbled in extended trading Thursday after the company missed analysts' estimates with its fiscal first-quarter results and slashed its full-year outlook.
Brandon Oglenski, Barclays transportation analyst, joins 'Closing Bell Overtime' to talk FedEx earnings.
CNBC's Fran Holland joins 'Closing Bell Overtime' with FedEx earnings.
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.
TD Cowen senior analyst Jason Seidl joins 'Closing Bell' to discuss his expectations for FedEx earnings, why he is picking FedEx over UPS, and more.
FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast as demand in the package industry remained muted, especially for priority services.
Wall Street expects FedEx to report earnings per share of $4.75 for the fiscal first quarter ended Aug. 31, one of the logistics firm's slower months.
FedEx Corporation FDX will release earnings results for its first quarter, after the closing bell on Thursday, Sept. 19.
CNBC's Jim Cramer explains why he is keeping an eye on shares of FedEx.
FedEx (NYSE: FDX) is scheduled to report its fiscal Q1 2025 results on Thursday, September 19 (FedEx's fiscal year ends in May). We expect the company to post an upbeat quarter, driven by an overall improvement in volumes.
FedEx Corporation FDX is scheduled to release earnings results for its first quarter, after the closing bell on Thursday.
When FedEx reports after the close on Thursday, September 19, consensus is expecting revenue of $21.9 billion for the 2nd consecutive quarter of YoY growth of 1%. Last quarter, FedEx generated a consolidated operating margin of 8.6%, with Ground showing good volume and yield gains. FedEx is a cheap stock on a growth basis, with the 3-year average multiple ('25 to '27) of 12x currently.