How To Earn $500 A Month From FedEx Stock
Portfolio Pulse from AJ Fabino
FedEx Corp (NYSE:FDX) reported Q4 earnings of $4.94 per share, beating a $4.89 Street estimate, on revenues of $21.9 billion, which missed a Street estimate of $22.72 billion. The company guided for earnings to come in a range of $16.50 to $18.50 per share for the full fiscal year 2024. FedEx has a dividend yield of 2.19%.
June 21, 2023 | 6:17 pm
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NEUTRAL IMPACT
FedEx reported Q4 earnings beat and revenue miss, with a dividend yield of 2.19%. The company provided guidance for FY2024 earnings.
FedEx's Q4 earnings beat and revenue miss may have mixed short-term impact on the stock price. The company's guidance for FY2024 earnings and its 2.19% dividend yield may provide some support to the stock, but the revenue miss could weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100