DeFi Daily News
Tuesday, July 1, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Markets Stock Market

rewrite this title FedEx (FDX) is preparing to report Q2 results. Here’s what to expect | AlphaStreet

Staff Correspondent by Staff Correspondent
December 13, 2024
in Stock Market
0 0
0
rewrite this title FedEx (FDX) is preparing to report Q2 results. Here’s what to expect | AlphaStreet
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

FedEx Corporation (NYSE: FDX) has merged its operating segments into a single entity as part of an extensive reorganization aimed at cutting costs and achieving operational efficiency. The market is closely monitoring the company’s upcoming earnings as it consolidates the business amid multiple headwinds, such as inflation, supply chain disruption, and stiff competition.

FedEx’s shares experienced high volatility after withdrawing from a record high in mid-June. The stock, which has gained more than 13% in the past six months, is now trading close to its levels a year ago. In September, the stock suffered a selloff after the company reported weaker-than-expected first-quarter results and lowered its guidance.

Q2 Report Due

When the Memphis-headquartered cargo giant reports second-quarter results on December 19, after the closing bell, the market will be looking for adjusted earnings of $3.95 per share, compared to $3.99 per share in the corresponding quarter last year. Revenues are expected to remain broadly unchanged at $22.12 billion in the November quarter.

In the first three months of FY25, revenues were $21.60 billion, compared to $21.70 billion in the year-ago quarter. Earnings, excluding one-off items, decreased to $3.60 per share in Q1 from $4.55 per share in the prior year period. Unadjusted profit was $0.79 billion or $3.21 per share in the August quarter, vs. $1.08 billion or $4.23 per share in Q1 2024. Both earnings and revenues fell short of expectations, after beating in the prior quarter.

Road Ahead

It is expected that FedEx would perform better in the back half of the year, as the company further reduces structural costs through its DRIVE initiative. The business will also benefit from improvements in the economy and the Fed’s interest rate cuts. While streamlining the business, the FedEx leadership is also providing value to customers through digital innovation, with a focus on improving the supply chain and ensuring a better logistics experience. The company’s technology push gains significance amid growing competition from e-commerce players like Amazon.

“Within our surface operations, we’ll keep focusing on the end-to-end efficiency initiatives, including optimizing our rental fleet and maximizing rail usage. In the air network and international category, a majority of our savings in the remainder of the year will come from Europe. While we realized some Europe savings in the quarter, most of our Europe-related DRIVE savings was skewed toward the second half of FY ’25 as we achieved efficiency and productivity improvements across the region” FedEx CEO Rajesh Subramaniam said at the Q1 earnings call.

FedEx’s stock, which has stayed above its 52-week average for nearly three months, traded lower throughout Friday’s session.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: AlphaStreetexpectFDXFedExHeresPreparingreportresultsrewritetitle
ShareTweetShare
Previous Post

rewrite this title with good SEO Perianne Boring Predicts Trump’s 2025 Economic Policies Will Drive Bitcoin Price to $800K

Next Post

rewrite this title TWO Sol de Janeiro Cheirosa 62 Perfume Mist, 8.1oz for only $49.59 shipped (Only $24.79 each!), plus more!

Next Post
rewrite this title TWO Sol de Janeiro Cheirosa 62 Perfume Mist, 8.1oz for only .59 shipped (Only .79 each!), plus more!

rewrite this title TWO Sol de Janeiro Cheirosa 62 Perfume Mist, 8.1oz for only $49.59 shipped (Only $24.79 each!), plus more!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
Mastering Crypto Mining: A Step-By-Step Guide

Mastering Crypto Mining: A Step-By-Step Guide

September 12, 2024
rewrite this title Bitcoin Long-Term Holders Selling, But Price Holds – New Buyers Stepping In? | Bitcoinist.com

rewrite this title Bitcoin Long-Term Holders Selling, But Price Holds – New Buyers Stepping In? | Bitcoinist.com

July 1, 2025
rewrite this title DOJ Charge Fake North Korean Devs ‘Embedding’ In Crypto Startups – Decrypt

rewrite this title DOJ Charge Fake North Korean Devs ‘Embedding’ In Crypto Startups – Decrypt

July 1, 2025
rewrite this title with good SEO Europol Crypto Bust Uncovers 0M Money Laundering Network

rewrite this title with good SEO Europol Crypto Bust Uncovers $540M Money Laundering Network

July 1, 2025
rewrite this title XRP Price Surges, Then Cools — Will Bulls Return for Round Two?

rewrite this title XRP Price Surges, Then Cools — Will Bulls Return for Round Two?

July 1, 2025
rewrite this title with good SEO Bold Brew: Spanish Coffee Giant OKs .17 Billion Bitcoin Strategy

rewrite this title with good SEO Bold Brew: Spanish Coffee Giant OKs $1.17 Billion Bitcoin Strategy

June 30, 2025
rewrite this title and make it good for SEOOil edges down on expectations of more OPEC+ supply, tariff fears

rewrite this title and make it good for SEOOil edges down on expectations of more OPEC+ supply, tariff fears

June 30, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.