FedEx earnings missed by $0.20, revenue fell short of estimates

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Written By Pinang Driod

© Reuters. FedEx earnings missed by $0.20, revenue fell short of estimates

Investing.com – FedEx (NYSE: ) reported second quarter EPS of $3.99, $0.20 worse than the analyst estimate of $4.19. Revenue for the quarter came in at $22.2B versus the consensus estimate of $22.37B.

Guidance

FedEx sees FY 2024 EPS of $17.00-$18.50 versus the analyst consensus of $18.25.

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

FedEx saw 18 positive EPS revisions and 4 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.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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