Revenue segments as reported by the company.

FedEx Express

Ground

Freight

Services

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Salaries & Employee Benefits

Purchased Transportation

Rentals & Landing Fees

Fuel

Maintenance & Repairs

Asset Impairment Charges

Business realignment costs

Other OpEx

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

FedEx

FedEx Corp. provides a broad portfolio of transportation, e-commerce and business services under the FedEx brand. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other & Eliminations. The FedEx Express segment consists of domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment focuses on small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight services across all lengths of haul. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions. The Corporate, Other & Eliminations segment includes corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the firm's core business. The company was founded by Frederick Wallace Smith on June 18, 1971, and is headquartered in Memphis, TN.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q2 2023

FedEx reports strong operational execution and cost savings in Q2 2023

FedEx showcased strong operational execution and cost savings, while facing challenges from yield pressure and market headwinds. The company is consolidating its operations into 1 entity, Federal Express Corporation, streamlining its structure. Despite challenges, FedEx raised its full year adjusted earnings per share outlook, indicating confidence in future performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FedEx Corp. is a holding company, which engages in the provision of transportation, e-commerce, business services, and business solutions. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other and Eliminations. The FedEx Express segment offers transportation and delivery services. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment refers to freight transportation services to business and residences. The FedEx Services segment includes sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the company's operating segments. The Corporate, Other, and Eliminations segment is involved in the corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the firm's core business. The company was founded by Frederick Wallace Smith on June 18, 1971, and is headquartered in Memphis, TN.

March 31 is approaching, and it's unclear how effective FedEx Corp. (NYSE: FDX) has been in its push to convince UPS (NYSE: UPS) shippers to move business over by the end of this month to ensure their goods will get priority treatment in the event of a Teamsters union strike this summer against UPS. It is too early for many UPS shippers to get scared that their volumes will get stuck in the event that 350,000 Teamsters walk off the job Aug. 1 without a contract being agreed upon, said Satish Jindel, CEO of ShipMatrix Inc., a consultancy.

How aggressive is FedEx becoming? It depends

FedEx will close its heavy maintenance hangar at Los Angeles International Airport next summer and consolidate operations in Indianapolis to reduce costs, ending a piece of aviation history rooted in the acquisition of Flying Tiger Line 35 years ago. The company said the decision to terminate maintenance activity at the LAX hangar was triggered by the expiration of the lease in June 2024, creating the opportunity to gain cost savings by combining resources at the Indianapolis hub.

FedEx to transfer LA airport maintenance to Indianapolis

FedEx stock (NYSE: FDX) is up 13% in a week, compared to a 3% rise for the broader S&P500 index.

Should You Buy FedEx Stock After Q3 Earnings Beat?

FedEx Corp (FDX) is trading around its annual pivot at $217.88 after trading as low as $141.92 on September 27, 2022.

FedEx Corp Bottomed On September 27 And Is Now Trading Around Its Annual Pivot At $217.88. Here's How To Trade It Now

A leading parcel industry consultant said Tuesday that he expects a contract agreement between UPS Inc. and the Teamsters union to be reached no later than June 30. The comments from Satish Jindel, president of Ship Matrix Inc., are the first from any consultant to go as far as forecasting a time frame for averting what could be a potentially devastating walkout by 350,000 UPS-employed Teamsters.

UPS, Teamsters expected to ink deal no later than June 30

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This industry is expected to grow at a compound annual growth rate of 42% in the coming years.

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Though FedEx's earnings fell, they were better than expected. Management said cost-cutting efforts are paying off.

Why Wall Street Loves FedEx's Earnings Report

FedEx Corp.'s strong cost-reduction actions at its FedEx Ground U.S. delivery unit allowed the company to comfortably beat third-quarter estimates, raise full-year earnings per-share guidance and take the pressure off its lagging FedEx Express unit to quickly bring its costs under control. FedEx (NYSE: FDX) reported adjusted earnings of $3.41 per share, which excluded 36 cents per share of restructuring costs.

FedEx Ground game got the job done in Q3

FedEx's (FDX) revenues of $22,169 million fall short of the Zacks Consensus Estimate of $23,643.9 million in third-quarter fiscal 2023.

FedEx (FDX) Stock Up on Q3 Earnings Beat and Raised View

FedEx Corporation (NYSE:FDX) stock is soaring today, after the company posted better-than-expected fiscal third-quarter earnings.

FedEx Stock Pops After Beat-and-Raise

FedEx (NYSE: FDX) shares are rocketing higher on an improved earnings outlook but don't take this as good news for the broad economy. The gains are impressive but driven by higher prices and company efforts that could only partially offset a decline in volume.

Don't Chase FedEx Higher, Wait For The Pullback

The headline numbers for FedEx (FDX) give insight into how the company performed in the quarter ended February 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About FedEx (FDX) Q3 Earnings

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Markets were slightly lower at the open on Friday as investors prepared for expiration of stock options and futures contracts. FedEx shares moved higher following the delivery giant's latest financial report.

The 2 Stocks to Watch on a Nail-Biter Friday

The company reported earnings per share of $3.41 from $22.2 billion in sales.

FedEx Cost Savings Are Taking Hold

FedEx will reduce flight hours by more than 10% and park more aircraft this quarter because of continued low demand for parcel and freight shipping, executives said Thursday. An 8% cut in aircraft utilization, sidelining nine cargo jets and downsizing to smaller aircraft on certain routes helped the integrated express logistics provider generate $1.2 billion in year-over-year savings during the 2023 fiscal third quarter.

FedEx readjusts air network again amid sharp volume declines

FedEx Corporation (NYSE:FDX ) Q3 2023 Results Conference Call March 16, 2023 5:30 PM ET Company Participants Mickey Foster - VP, IR Raj Subramaniam - President and CEO Mike Lenz - EVP and CFO Brie Carere - EVP and Chief Customer Officer Conference Call Participants Ken Hoexter - Bank of America Chris Wetherbee - Citigroup Jack Atkins - Stephens Jordan Alliger - Goldman Sachs Tom Wadewitz - UBS Jon Chappell - Evercore ISI Helane Becker - TD Cowen Brandon Oglenski - Barclays Allison Poliniak-Cusic - Wells Fargo Ariel Rosa - Credit Suisse Stephanie Moore - Jefferies Scott Group - Wolfe Brian Ossenbeck - JP Morgan Bascome Majors - Susquehanna Bruce Chan - Stifel David Vernon - Bernstein Amit Mehrotra - Deutsche Bank Ravi Shanker - Morgan Stanley Jeff Kauffman - Vertical Research Partners Operator Good afternoon, and welcome to the FedEx Corporation Third Quarter Fiscal 2023 Earnings Call. Currently all callers have being placed in a listen-only mode.

FedEx Corporation (FDX) Q3 2023 Earnings Call Transcript

First Republic

SPDR S&P Regional Banking ETF

For the first time in recent memory, what happens at the Fed next week is not as important as what's going on in certain areas in the market.

Fed Adds to Balance Sheet to Aid Banks; FedEx Mixed in Q3

FedEx Corp.'s fiscal third-quarter 2023 results late Thursday came in better than expected on the bottom line but not so great on the top or bottom, as expected, at its air and international unit, FedEx Express. Total revenue of $22.1 billion was 6% below the same period a year ago, as the company continues to manage through a sudden and, in the case of FedEx Express, ferocious drop in volumes.

FedEx's Q3 cost-cut programs put it further ahead than expected

FedEx (FDX) delivered earnings and revenue surprises of 27.72% and 2.10%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?

FedEx (FDX) Q3 Earnings Top Estimates

FedEx Corp (NYSE: FDX) jumped more than 12% in extended trading after reporting better-than-expected earnings for its fiscal third quarter. FedEx stock up on raised guidance The stock gained also because the package delivery company raised its profit forecast for the full year.

Anthony Deruijter is dovish on FedEx stock despite raised guidance

Shares rose as the delivery company lifted its profit outlook amid ongoing cost cuts.

FedEx Raises Earnings Outlook Despite Shipping Slowdown

Shares of FedEx Corp. jumped after hours on Thursday after the package deliverer reported third-quarter results that beat expectations and raised its profit forecast, as it aggressively cuts costs amid continued weaker demand.

FedEx stock rallies, as cost cuts and higher per-package sales help results

FedEx (NYSE:FDX) shares surged after the bell Thursday as the company's fiscal third-quarter earnings blew past Street expectations and its full-year guidance improved. Adjusted net income for the period ended February 28 was $865 million, or $3.41 per share.

FedEx stock well on the road to recovery after banner 3Q results, full-year guidance boost

FedEx Corp on Thursday raised its fiscal 2023 profit forecast despite weak market conditions, citing progress on its plan to shave $3.7 billion in costs from its global delivery business, sending its shares up more than 11%.

FedEx raises full-year earnings forecast after cost cuts, shares soar

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Stocks are trying to stage a rally on Thursday, even as worries persist over Credit Suisse (NYSE: CS ), regional banks, interest rates and more. Going into the last day of the week, investors are looking at hot stocks for tomorrow.

News for FedEx Stock (FDX)