FedEx Corporation (NYSE:FDX) is reporting fourth quarter financial results on Tuesday 30th June 2020, after market close.
According to analysts surveyed by Thomson Reuters, FDX is expected to report 4Q20 income of $ 1.57 per share from revenue of $ 16420.90 million.
For the full year, analysts anticipate top line of $ 68202.20 million, while looking forward to income of $ 8.65 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 10.25 ~ $ 11.50 per share
Stock Performance
According to the previous trading day, closing price of FDX was $ 134.55, representing a 51.71 % increase from the 52 week low of $ 88.69 and a 24.62 % decrease over the 52 week high of $ 178.50.
The company has a market capital of $ 35.15 billion and is part of the Industrials sector and Integrated Shipping & Logistics industry.
Recent Analyst recommendations
On 18th June 2020, maintained by Citigroup at Buy rating, with $ 160.00 target price.
On 1st June 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 98.00 target price.
Conference Call
FedEx Corporation will be hosting a conference call at 5:00 PM eastern time on 30th June 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website investors.fedex.com/news-and-events/upcoming-events/event-details/2020/FedEx-Q4-FY20-Earning
FedEx Corporation provides transportation, e-commerce, and business services worldwide. The companys FedEx Express segment offers shipping services for delivery of packages and freight. Its FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services; and consolidates and delivers low-weight and less time-sensitive business-to-consumer packages.
