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Stock impact report

FedEx (FDX) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 0.27% for the day. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq increased by 0.88%. The package delivery company's stock has dropped by 4.93% in the past month, falling short of the Transportation sector's loss of 3.57% and the S&P 500's gain of 2.85%. Investors will be eagerly watching for the performance of FedEx in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on June 25, 2024. On that day, FedEx is projected to report earnings of $5.34 per share, which would represent year-over-year growth of 8.1%. At the same time, our most recent consensus estimate is projecting a revenue of $22.12 billion, reflecting a 0.85% rise from the equivalent quarter last year. Investors should also take note of any recent adjustments to analyst estimates for FedEx. These revisions typically reflect the latest short-term business trends, which can chang Show less Read more
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