How To Earn $500 A Month From FedEx While It Takes UPS Market Share
Portfolio Pulse from AJ Fabino
FedEx Corp (FDX) is benefiting from United Parcel Service Inc’s (UPS) costly labor dispute, with its shares climbing nearly 61% over the past year. FedEx is expected to issue first-quarter earnings of $3.74 per share on revenues of $21.81 billion. Despite estimates pointing to a drop in sales, the company is expected to report an 8% year-over-year rise in adjusted EPS. FedEx's dividends also offer potential monthly income for investors.
September 20, 2023 | 4:33 pm
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POSITIVE IMPACT
FedEx is expected to report an 8% YoY rise in adjusted EPS and its shares have climbed 61% over the past year. The company's dividends also offer potential monthly income for investors.
The news is directly related to FedEx and is positive. The company's shares have been performing well and it is expected to report a rise in adjusted EPS. This could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
United Parcel Service Inc’s (UPS) costly labor dispute has negatively impacted its shares, which are down nearly 10% over the same time frame.
The news is directly related to UPS and is negative. The company's costly labor dispute has negatively impacted its shares. This could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80