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

by Ron Finklestien

Published On: March 21, 2024 10:45 pm

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.

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

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