HomeMarket NewsThe Tale of FedEx's Earnings: A Triumphant EPS, Yet Revenue Disappointment in...

The Tale of FedEx’s Earnings: A Triumphant EPS, Yet Revenue Disappointment in Q3 2024

Actionable Trade Ideas

always free

FDX stock - FDX Stock Earnings: FedEx Beats EPS, Misses Revenue for Q3 2024

Source: Antonio Gravante / Shutterstock.com

FedEx (NYSE:FDX) has unveiled its performance for the third quarter of 2024.

  • Delivering a pleasant surprise, FedEx’s earnings per share stood at $3.86, surpassing the projected EPS of $3.45.
  • However, the revenue numbers paint a different picture, standing at $21.70 billion, a 1.54% difference from the expected $22.04 billion.

InvestorPlace Earnings relies on TradeSmith’s data to automate coverage of quarterly earnings reports. By swiftly summarizing key aspects such as EPS, revenue, and analyst comparisons, these reports aim to keep readers informed efficiently. For any feedback or corrections, reach out to us at editor@investorplace.com.

Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/fdx-stock-earnings-fedex-for-q3-of-2024/.

Β©2024 InvestorPlace Media, LLC

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.