FDX - How To Earn $500 A Month From FedEx Stock Ahead Of Q4 Earnings | Benzinga
FedEx Corporation (NYSE:FDX) will release its fourth quarter financial results, after the closing bell on Tuesday.
Analysts expect the Memphis, Tennessee-based company to report quarterly earnings at $5.36 per share, up from $4.94 per share in the year-ago period. FedEx is expected to post revenue of $22.08 billion, compared to $21.93 billion a year earlier, according to data from Benzinga Pro.
On June 12, FedEx unveiled a plan to streamline its operations across Europe, aiming to reduce structural costs significantly. The restructuring initiative aims to reduce 1,700 to 2,000 positions, primarily within the company's back-office and commercial teams.
With the recent buzz around FedEx, some investors may be eyeing potential gains from the company's dividends. As of now, FedEx has a dividend yield of 2.18%, which is a quarterly dividend amount of $1.38 a share ($5.52 a year).
To figure ...