FedEx earnings beat by $0.85, revenue fell short of estimates

Investing.com – FedEx (NYSE: ) reported first quarter EPS of $4.55, $0.85 better than the analyst estimate of $3.70. Revenue for the quarter came in at $21.7B versus the consensus estimate of $21.73B.

Guidance

FedEx sees FY 2024 EPS of $17.00-$18.50 versus the analyst consensus of $17.50.

FedEx’s stock price closed at $250.54. It is up 7.83% in the last 3 months and up 63.48% in the last 12 months.

FedEx saw 3 positive EPS revisions and 13 negative EPS revisions in the last 90 days. See FedEx’s stock price’s past reactions to earnings here.

According to InvestingPro, FedEx’s Financial Health score is “good performance”.

Check out FedEx’s , and FedEx’s financials here.

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