FedEx Corporation (FDX) to Release Third Quarter Numbers

0

What’s going on with FDX

FedEx Corporation (FDX) is expected to release third quarter numbers after the market closes on September 22. Analysts expect the company to earn $5.14 per share for the quarter. During the same period last year, the company broke even per share. The title is up 4.92% over the year.

Technical analysis

FDX was recently trading at $161.02, down $105.77 from its 12-month high and $6.02 above its 12-month low. InvestorsObserver gives FDX a long-term technical rating of 68 and a short-term technical rating of 6. The stock has recent support above $160 and recent resistance below $200. Of the 17 analysts covering the stock, 10 rating it Strong Buy, 0 rating Buy, 7 rating Hold, 0 rating Sell, and 0 rating Strong Sell, FDX earns an aggregate score of 46 from InvestorsObserver.

Analyst thoughts

FDX has posted annual earnings growth of 14.14% over the past five years and looking ahead, analysts expect the company’s earnings to grow 11.46% annually over the past five years. next five years. Last quarter, the company posted worse-than-expected EPS and this quarter, the street expects earnings of $5.14 per share. FDX is currently trading at $161.02 with an average price target of $288.36.

You might also like

Share.

Comments are closed.