FDX News and Press, FedEx Corporation From 06/28/24

2024-06-28 18:36:56 ET Summary FedEx stock is up nearly 15% following Q4 earnings report. The company is considering spinning off FedEx Freight, potentially providing a windfall to shareholders. The DRIVE cost-saving initiative has led to increased margins and consolidation of...

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Shares of FedEx Corporation (NYSE: FDX) traded at a new 52-week high today and are currently trading at $299.95. So far today, approximately 1.83M shares have been exchanged, as compared to an average 30-day volume of 2.24M shares. FedEx Corporation provides transportation, e-commerce, and bu...

2024-06-28 07:23:32 ET Shares in package delivery giant FedEx (NYSE: FDX) rose 16.5% in the week to Friday morning, according to data provided by S&P Global Market Intelligence . The increase came in the wake of a well-received set of fourth-quarter 2024 earnings after the c...

2024-06-27 15:40:00 ET Summary FedEx reported its fiscal Q4 ’24 earnings results on June 25th after the closing bell, and the stock rose $39, or 15%, on June 26th on heavy volume. The potential spinning off of Freight, disclosed in the earnings release, is a potential addit...

2024-06-27 11:43:30 ET An analyst at Evercore ISI recently lowered the price targets of UPS (NYSE: UPS) and FedEx (NYSE: FDX) ahead of the latter's fourth-quarter 2024 earnings report. Evercore's earnings estimates for both companies decreased over concerns about declini...

2024-06-27 09:00:09 ET John Eade from Argus Research issued a price target of $335.00 for FDX on 2024-06-27 08:22:00. The adjusted price target was set to $335.00. At the time of the announcement, FDX was trading at $296.19. The overall price target consensus is at $272....

2024-06-27 06:34:59 ET Stock index futures slipped on Thursday after Micron Technology's guidance failed to impress investors, while markets await key inflation data expected tomorrow. ... Read the full article on Seeking Alpha For further details see: Nasdaq, S&P, ...

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2024-06-26 13:19:02 ET Summary FedEx beat analyst estimates in Q4 2024 on the top and bottom lines. Stock price reached $293 target, showing market outperformance. FedEx guided for a bullish FY25 with a strong outlook and DRIVE initiative outweighing headwinds. FedEx (FD...