Cargo giant FedEx Corporation (NYSE: FDX) is expected to publish first-quarter results today at 4:00 pm ET, amid expectations for a mixed outcome.
Listen to FedEx’s Q1 2024 earnings call live and read the real-time transcript
Analysts are looking for lower revenues and a year-over-year increase in profit. As per the most recent estimate, adjusted profit is expected to be $3.73 per share, compared to $3.44 per share in the year-ago quarter. Revenues are expected to decline 7.5% year-over-year to $21.81 billion.
In the fourth quarter of 2023, revenues declined 10% from last year to around $22 billion, hurt by weakness in the main operating segments. That translated into a double-digit fall in adjusted profit to $4.94 per share. Meanwhile, unadjusted net income more than doubled to $1.54 billion or $6.05 per share, aided by one-time gains.
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
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
