FedEx Misses Revenue by $0.20, Revenues Miss Expectations From Investing.com

© Reuters. FedEx missed revenue by $0.20 and revenue also fell short of expectations.

Investing.com – FedEx (NYSE: ) reported second-quarter EPS of $3.99, $0.20 worse than analyst estimates of $4.19. The company had revenue of $22.2 billion for the quarter, compared to the consensus estimate of $22.37 billion.

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FedEx forecasts fiscal 2024 EPS of $17.00-$18.50, with analyst consensus of $18.25.

FedEx’s stock price closed at $280.14. It is up 7.30% in the last 3 months and 70.45% in the last 12 months.

FedEx has seen 18 positive EPS revisions and 4 negative EPS revisions over the last 90 days. Check out the FedEx stock price’s past earnings reaction here.

FedEx’s Financial Health Score is “Performing Good,” according to InvestingPro.

View FedEx and its financial information here.

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