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0 0 -9.22518681003325E-05 0.004520341536916 -0.00572986602978722 -0.00716489508912568 0.00708289342859181 0.00147807993111858
Stock impact report

Analysts rush to reset FedEx stock price targets after Q4 earnings [Yahoo! Finance]

The Trade Desk, Inc. - Class A (TTD) 
Last the trade desk, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.thetradedesk.com
Company Research Source: Yahoo! Finance
second-largest package-delivery company following its better-than-expected fiscal-fourth-quarter earnings report. FedEx FDX , which lost a key contract with the U.S. Postal Service to its now-larger rival, United Parcel Service UPS , has focused on cost cuts and efficiencies under Chief Executive Raj Subramaniam following pressure from activist investors last year. The group has slashed headcounts in Europe and the U.S. while committing to around $4 billion in overall cost reductions by the end of the next fiscal year. Around half that figure came at the end of the current year. However, overall shipping volumes, particularly those that bring wider profit margins, have largely stalled over the past year amid a sluggish global economy, stubbornly high inflation and the wind-down of the USPS contract later this fall. FedEx was still able to produce a 7.2% gain in March-quarter earnings, to $5.41 a share, well ahead of Wall Street forecasts. Overall revenue rose only 1% from a ye Show less Read more
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