FedEx Q4 2024 Adj EPS $5.41 Beats $5.37 Estimate, Sales $22.100B Beat $22.056B Estimate
Portfolio Pulse from Benzinga Newsdesk
FedEx (NYSE:FDX) reported Q4 2024 adjusted EPS of $5.41, beating the estimate of $5.37. Sales were $22.1 billion, surpassing the $22.056 billion estimate and showing a 0.91% increase from the same period last year.
June 25, 2024 | 8:04 pm
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FedEx reported better-than-expected Q4 2024 earnings and sales, with EPS of $5.41 beating the $5.37 estimate and sales of $22.1 billion surpassing the $22.056 billion estimate. Sales increased by 0.91% year-over-year.
FedEx's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The slight beat on both EPS and sales, along with a year-over-year sales increase, indicates solid performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100