FedEx (NYSE:FDX – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 19.000-20.000 for the period, compared to the consensus earnings per share estimate of 19.370. The company issued revenue guidance of $87.7 billion-$87.7 billion, compared to the consensus revenue estimate of $88.5 billion. FedEx also updated its FY25 guidance to $19.00-20.00 EPS.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the company. TD Cowen increased their price objective on FedEx from $328.00 to $337.00 and gave the stock a “buy” rating in a research note on Friday. Hsbc Global Res lowered FedEx from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 20th. Robert W. Baird cut their price objective on shares of FedEx from $340.00 to $320.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Sanford C. Bernstein downgraded shares of FedEx from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $337.00 to $316.00 in a report on Tuesday, December 3rd. Finally, BMO Capital Markets boosted their price target on shares of FedEx from $300.00 to $330.00 and gave the stock a “market perform” rating in a report on Friday. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and nineteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $324.88.
Get Our Latest Analysis on FedEx
FedEx Stock Down 0.1 %
FedEx (NYSE:FDX – Get Free Report) last posted its earnings results on Thursday, December 19th. The shipping service provider reported $4.05 EPS for the quarter, topping the consensus estimate of $3.88 by $0.17. The business had revenue of $22 billion during the quarter, compared to analysts’ expectations of $22.14 billion. FedEx had a return on equity of 15.61% and a net margin of 4.62%. The firm’s revenue was down .7% on a year-over-year basis. During the same period in the previous year, the business earned $3.99 earnings per share. Analysts anticipate that FedEx will post 19.59 EPS for the current fiscal year.
FedEx Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Monday, December 9th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $5.52 dividend on an annualized basis and a yield of 2.00%. FedEx’s dividend payout ratio is presently 34.05%.
About FedEx
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.
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