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

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

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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/.

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