FedEx: Q2 Earnings Insights

FedEx FDX reported its Q2 earnings results on Tuesday, December 19, 2023 at 04:06 PM.

Here's what investors need to know about the announcement.

Earnings

FedEx missed estimated earnings by 4.77%, reporting an EPS of $3.99 versus an estimate of $4.19.

Revenue was down $614.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.81 which was followed by a 4.52% increase in the share price the next day.

Here's a look at FedEx's past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 3.74 4.89 2.72 2.83
EPS Actual 4.55 4.94 3.41 3.18
Revenue Estimate 21.81B 22.72B 22.74B 23.74B
Revenue Actual 21.70B 21.90B 22.17B 22.81B

To track all earnings releases for FedEx visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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