FedEx Corporation (FDX) - NYSE
  • Tue, Jun. 21, 4:43 PM
    • FedEx (NYSE:FDX) reports operating margin improved 120 bps to 11.7% in FQ4 as improved yield management and profit initiatives paid off. An extra operating day this year's quarter didn't hurt the bottom line. although one-time costs tied to the acquisition of TNT Express took FedEx to a quarterly loss.
    • Express segment: Revenue $6.72B, operating income $757M, adjusted operating margin +240 bps to 11.3%.
    • Ground segment: Revenue +20% to $4.29B, operating margin -160 bps to 15.3%.
    • Freight segment: Revenue +2% to $1.61B, operating margin -20 bps to 8.5%.
    • FedEx sees FY17 EPS of $11.75 to $12.25 vs. $12.05 consensus.
    • Previously: FedEx beats by $0.02, beats on revenue (June 21)
    • FDX -0.33% AH to $163.66.
    | Tue, Jun. 21, 4:43 PM
  • Tue, Jun. 21, 4:16 PM
    • FedEx (NYSE:FDX): FQ4 EPS of $3.30 beats by $0.02.
    • Revenue of $13B (+7.3% Y/Y) beats by $220M.
    • Shares +2.3%.
    • Press Release
    | Tue, Jun. 21, 4:16 PM
  • Wed, May 4, 7:18 AM
    | Wed, May 4, 7:18 AM
  • Thu, Mar. 17, 9:15 AM
    | Thu, Mar. 17, 9:15 AM
  • Wed, Mar. 16, 5:39 PM
    • Top gainers, as of 5.25 p.m.: VTAE +45.0%. FDX +5.4%. HCLP +3.1%. ORPN +2.9%. MLHR +2.2%.
    • Top losers, as of 5.25p.m.: GES -10.4%. EGRX -8.3%. JBL -6.5%. WSM -6.5%. IBN -4.4%.
    | Wed, Mar. 16, 5:39 PM
  • Wed, Mar. 16, 4:16 PM
    • FedEx (NYSE:FDX): FQ3 EPS of $2.51 beats by $0.17.
    • Revenue of $12.7B (+8.5% Y/Y) beats by $320M.
    • Shares +2.95%.
    • Press Release
    | Wed, Mar. 16, 4:16 PM | 3 Comments
  • Wed, Mar. 9, 11:38 AM
    • Air Transport Services Group (NASDAQ:ATSG) is now up 19% after the company's deal to assist Amazon with an air cargo network was disclosed earlier.
    • Though it wasn't a secret that Air Transport was running a air delivery service test for a large client, the Seattle company's interest in an ownership stake in ATSG is a new development.
    • FedEX (FDX -1.4%) and UPS (UPS -1.2%) are both lower with the competitive landscape changed.
    • Previously: Air Transport Services and Amazon sign air cargo network deal (Mar. 09 2016)
    | Wed, Mar. 9, 11:38 AM | 15 Comments
  • Dec. 28, 2015, 10:14 AM
    • FedEx (NYSE:FDX) is down 1.4% amid social media criticism over its failure to deliver all of its shipments by Christmas.
    • Do traders follow the hashtag #FedExfails on Twitter? Probably not, but it's likely there are concerned with the reports of extra costs taken on by the company to meet as many shipping deadlines as possible.
    • There's been some finger-pointing between FedEx and the retail sector over the volume forecasts provided by apparel sellers which are relied on by the shipper.
    | Dec. 28, 2015, 10:14 AM | 1 Comment
  • Dec. 17, 2015, 9:20 AM
    | Dec. 17, 2015, 9:20 AM
  • Dec. 16, 2015, 5:38 PM
    • Top gainers, as of 5.25 p.m.: P +10.5%. BTE +7.7%. FIVE +6.0%. FDX +5.4%. TVIX +3.4%.
    • Top losers, as of 5.25p.m.: PIR -14.8%. HTCH -4.9%. NRG -3.2%. TSU -3.1%. CLLS -2.0%.
    | Dec. 16, 2015, 5:38 PM
  • Dec. 16, 2015, 4:28 PM
    • FedEx (NYSE:FDX) reports revenue in the express segment revenue fell 6% to $6.59B in FQ2. Operating margin was 9.0% vs. 7.0% a year ago.
    • Ground segment revenue jumped 32% to $4.05B. Operating margin -220 bps to 13.0%. The addition of GENCO factored into results.
    • Freight segment revenue decreased 2% to $1.55B. Operating margin -60 bps to 6.5%. Less-than-truckload shipments were up 1%.
    • Guidance: FedEx backs prior FY16 EPS guidance of $10.40-$10.90.
    • Previously: FedEx beats by $0.06, beats on revenue (Dec. 16 2015)
    • FDX +4.84% AH to $156.24.
    | Dec. 16, 2015, 4:28 PM
  • Dec. 16, 2015, 4:16 PM
    • FedEx (NYSE:FDX): FQ2 EPS of $2.58 beats by $0.06.
    • Revenue of $12.5B (+4.7% Y/Y) beats by $50M.
    • Shares +4.6%.
    | Dec. 16, 2015, 4:16 PM | 2 Comments
  • Dec. 2, 2015, 12:17 PM
    • Transportation stocks are lower on the day on some broad macroeconomic concerns. Some BAML downgrades in the sector are also weighing on sentiment.
    • Trading is notably weak in CXS Corp (CSX -2.3%), American Railcar Industries (ARII -2.6%), Kansas City Southern (KSU -1.9%), YRC Worldwide (YRCW -5.7%), Heartland Express (HTLD -3.7%), Swift Transportation (SWFT -3%), FedEx (FDX -0.9%), UPS (UPS -0.5%), Air Transport Services (ATSG -1.7%), and Matson (MATX -2.5%).
    • A notable exception to the sector slide is airline stocks which are showing strength after Delta Air Lines (DAL +2.7%) reported some eye-opening capacity constraint. The major carrier increased passenger revenue per available seat mile sand load factor during November. A 3% decline in crude oil prices is also factoring in to the rally in airline stocks.
    • United Continental (UAL +3.2%), Hawaiian Holdings (HA +2.9%), Southwest Airlines (LUV +2.3%), and Republic Airways Holdings (RJET +4.4%) are all solidly higher.
    • The Dow Jones Transportation Average is down 0.8% off the conflicting forces of gravity.
    • Related ETFs: IYT, XTN, JETS.
    | Dec. 2, 2015, 12:17 PM | 5 Comments
  • Oct. 27, 2015, 3:29 PM
    • Railroad and trucking stocks are down today on a mix of news seen as negative for the transportation sector. UPS reported lower package volume in Q3 and durable-goods orders fell in September.
    • Decliners include Norfolk Southern (NSC -3.6%), Union Pacific (UNP -5.1%), CSX Corporation (CSX -3.8%), Kansas City Southern (KSU -4.4%), Canadian Pacific(CP -5.4%), Canadian National Railway (CNI -3.9%), Genesee & Wyoming (GWR -5.3%), XPO Logistics (XPO -11.8%), Echo Global Logistics (ECHO -12.6%), C.H. Robinson Worldwide (CHRW -2.8%), Radiant Logistics (RLGT -7.9%), FedEx (FDX -1.4%), Air T (AIRT -5.9%), and Air Transport Services (ATSG -3.2%).
    • The iShares Dow Jones Transportation ETF (NYSEARCA:IYT) is down 2.7%.
    • Related: Tough day for four wheelers (Oct. 27)
    | Oct. 27, 2015, 3:29 PM | 7 Comments
  • Oct. 21, 2015, 9:57 AM
    • FedEx (NYSE:FDX) is up 1.77% after European regulators back off challenging the acquisition of TNT Express by the company.
    • The development is seen as positive for the broad shipping sector. UPS (NYSE:UPS) and Deutsch Post (OTCPK:DPSGY) ADRs are also higher in early trading.
    • Previously: FedEx scores big win for TNT acquisition (Oct. 21 2015)
    | Oct. 21, 2015, 9:57 AM | 3 Comments
  • Sep. 1, 2015, 8:11 AM
    • Citi adds FedEx (NYSE:FDX) to its recommended list of stocks.
    • The investment firm cites attractive valuation and e-commerce potential in making its bull call on the shipper.
    • FDX -1.49% premarket to $148.36.
    | Sep. 1, 2015, 8:11 AM
Company Description
FedEx Corp. provides a broad portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. It operates through four segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx... More
Sector: Services
Industry: Air Delivery & Freight Services
Country: United States