For the quarter ended November 2024, FedEx (FDX) reported income of $21.97 billion, down 0.9% over the identical interval final 12 months. EPS got here in at $4.05, in comparison with $3.99 within the year-ago quarter.
The reported income represents a shock of -0.34% over the Zacks Consensus Estimate of $22.04 billion. With the consensus EPS estimate being $3.90, the EPS shock was +3.85%.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders venture a inventory’s worth efficiency extra precisely.
Right here is how FedEx carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- FedEx Specific – Bundle – Common each day package deal quantity – Whole ADV: 17.13 million in comparison with the 17.2 million common estimate based mostly on 4 analysts.
- FedEx Specific – Bundle – Common each day package deal quantity – Whole worldwide export ADV: 1.18 million versus 1.15 million estimated by 4 analysts on common.
- FedEx Specific – Bundle – Common each day package deal quantity – U.S. deferred: 1.01 million in comparison with the 995.7 thousand common estimate based mostly on 4 analysts.
- FedEx Specific – Bundle – Common each day package deal quantity – Worldwide home: 2.06 million versus 2.01 million estimated by 4 analysts on common.
- Income- Different and eliminations: $949 million versus $945.05 million estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a +12% change.
- Income- FedEx Freight phase: $2.18 billion in comparison with the $2.38 billion common estimate based mostly on six analysts. The reported quantity represents a change of -7.8% 12 months over 12 months.
- Income- Federal Specific phase: $18.84 billion versus the six-analyst common estimate of $18.70 billion. The reported quantity represents a year-over-year change of +83.7%.
- Income- FedEx Specific- Freight- U.S. $383 million versus $447.56 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a -34.4% change.
- Income- FedEx Specific- Bundle- U.S. deferred: $1.20 billion versus $1.16 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a -0.8% change.
- Income- FedEx Specific- Bundle- U.S. precedence: $2.56 billion in comparison with the $2.49 billion common estimate based mostly on 5 analysts. The reported quantity represents a change of -1.6% 12 months over 12 months.
- Income- FedEx Specific- Bundle- Whole U.S. home package deal income: $12.02 billion versus the five-analyst common estimate of $12.12 billion. The reported quantity represents a year-over-year change of +215.2%.
- Income- FedEx Specific- Bundle- Whole package deal income: $17.03 billion in comparison with the $16.96 billion common estimate based mostly on 5 analysts. The reported quantity represents a change of +103.3% 12 months over 12 months.
View all Key Company Metrics for FedEx here>>>
Shares of FedEx have returned -5.2% over the previous month versus the Zacks S&P 500 composite’s -0.3% change. The inventory presently has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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FedEx Corporation (FDX) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
