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.

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.

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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