FedEx stock rises 1.73%, outperforms S&P 500, plans to announce earnings on December 19.

From Nasdaq: 2024-11-25 18:15:06

FedEx (FDX) closed at $305.15, up 1.73% from the previous day, outperforming the S&P 500. The stock has risen by 10.23% in the past month, leading the Transportation sector. FedEx plans to announce its earnings on December 19, 2024, with an estimated EPS of $3.88 and revenue of $22.19 billion.

The Zacks Consensus Estimates forecast FedEx’s full-year earnings at $19.60 per share and revenue at $88.7 billion. Analysts are closely monitoring any shifts in estimates, as positive revisions indicate confidence in the company’s performance. FedEx currently holds a Zacks Rank of #4 (Sell) and a Forward P/E ratio of 15.31.

Zacks’ Research Chief has identified 5 stocks likely to double in the coming months, with one stock expected to climb the highest. This top pick is an innovative financial firm with a growing customer base and cutting-edge solutions. Investors can access more information on Zacks Investment Research for further insights on stock performance metrics.



Read more at Nasdaq: FedEx (FDX) Rises Higher Than Market: Key Facts