Categories Analysis, Industrials
FDX Earnings: Here’s all you need to know about FedEx’s Q1 2024 results
FedEx Corporation (NYSE: FDX) on Wednesday reported financial results for the first quarter of 2024. There was a marked increase in operating margin.
Net income, adjusted for special items, came in at $4.55 per share in the most recent quarter, compared to $3.44 per share in the year-ago period. Unadjusted profit was $1.08 billion or $4.23 per share in the August quarter, vs. $875 million or $3.33 per share in the corresponding period of 2023.
Total revenues were $21.7 billion in the three-month period, compared to $23.2 billion last year. Operating margin increased to 6.8% from 5.1% last year.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
