FedEx (FDX) earnings Q4 2024 - CNBC
Jun 25, 2024 · For the full fiscal year, revenue was $87.7 billion, down from $90.2 billion. FedEx reported that capital spending for fiscal 2024 was $5.2 billion, down 16% from $6.2 billion in fiscal 2023...
FedEx Delivered Fourth Quarter Fiscal 2023 Revenue of $21.9 …
Jun 20, 2023 · For fiscal 2024, FedEx expects to repurchase $2.0 billion of FedEx common stock and previously announced a 10% increase ($0.44 per share) in the annual dividend rate on its common stock to $5.04 per share. Outlook. FedEx is unable to forecast the fiscal 2024 mark-to-market (MTM) retirement plans accounting adjustments.
FedEx eyes fiscal 2025 profit just above Wall St target, shares soar
Jun 25, 2024 · FedEx revenue hit $22.1 billion in the fourth quarter, up 1% from the year earlier, and slightly above analysts' estimate of $22.06 billion. Shares in FedEx rose 14.2% to $292.83 in after-hours...
FedEx Corp. Reports Record Fourth Quarter and Full-Year Results
Net results include a loss on debt extinguishment of $393 million ($297 million net of tax). FedEx Express fourth quarter operating income more than doubled year over year, driven by exceptional growth in international export and U.S. domestic package services.
FedEx Reports First Quarter Diluted EPS of $3.21 and Adjusted …
Sep 19, 2024 · The company completed a $1 billion accelerated share repurchase (ASR) transaction during the quarter. Approximately 3.4 million shares were delivered under the ASR agreement, with the decrease in outstanding shares benefiting first quarter results by …
FedEx stock: Company on pace to hit cost-cutting goal; revenue …
Jun 25, 2024 · FedEx stock closed Tuesday at $256.38, down slightly from its previous close of $256.51. Jacob Wilt is a reporter for The Commercial Appeal. You can reach him at [email protected] ...
FedEx Corp. Reports Fourth Quarter and Full-Year Results
FedEx Express operating results improved in the fourth quarter driven by revenue management actions, including increased fuel surcharges. Global volume softness, driven by COVID lockdowns, geopolitical uncertainty, and slower economic growth, partially offset the year-over-year improvement.
FedEx Corp. Reports Higher Second Quarter Operating Income
Dec 16, 2021 · FedEx Freight second quarter operating income increased 33%, with an operating margin of 14.7%, driven by a continued focus on revenue quality and profitable growth. Revenue per shipment increased 14% and average daily shipments grew 3% during the quarter.
FedEx Corp. Reports First Quarter Results
Effective January 2, 2023, FedEx Express, FedEx Ground, and FedEx Home Delivery rates will increase by an average of 6.9%. FedEx Freight rates will increase by an average of 6.9%-7.9% dependent on the customer’s transportation rate scale.
FedEx Freight operating results sharply increased, with operating margin improving 570 basis points to 21.8%. The improved results were driven by a 28% increase in revenue per shipment from the continued focus on revenue quality and profitable growth.
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