FedEx Q4 Revenue Hits $25B, FY EPS $20.24; Shares Drop as Brokers Trim Targets
FDX sits 82% above its 52-week low of $174.012 on elevated volume (2.9× avg).
Summary
FedEx reported Q4 revenue of $25.0 billion and full-year adjusted EPS of $20.24, alongside calendar-year EPS guidance of $16.90–$18.10. This follows the June 23rd 8-K which broadly announced strong results. However, the detailed figures and guidance led to a premarket stock drop and several brokers trimming their price targets, suggesting the numbers did not meet market expectations despite the company's initial positive framing.
At the time of this announcement, FDX was trading at $316.50 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $75.6B. The 52-week trading range was $174.01 to $345.37. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.