FedEx (NYSE:FDX) reported its Q2 earnings results on Tuesday, December 19, 2023 at 04:06 PM.
Here’s what investors need to know about the announcement.
Earnings
FedEx missed estimated earnings by 4.77%, reporting an EPS of $3.99 versus an estimate of $4.19.
Revenue was down $614.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.81 which was followed by a 4.52% increase in the share price the next day.
Here’s a look at FedEx’s past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 3.74 | 4.89 | 2.72 | 2.83 |
| EPS Actual | 4.55 | 4.94 | 3.41 | 3.18 |
| Revenue Estimate | 21.81B | 22.72B | 22.74B | 23.74B |
| Revenue Actual | 21.70B | 21.90B | 22.17B | 22.81B |
To track all earnings releases for FedEx visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
