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FedEx Corp (FDX.N)

FDX.N on New York Stock Exchange

251.43USD
20 Jun 2018
Change (% chg)

$-6.96 (-2.69%)
Prev Close
$258.39
Open
$257.00
Day's High
$257.20
Day's Low
$251.09
Volume
751,212
Avg. Vol
382,074
52-wk High
$274.56
52-wk Low
$203.39

Latest Key Developments (Source: Significant Developments)

Boeing, FedEx Express Announce Order For 24 Medium And Large Freighters
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Boeing Co ::BOEING, FEDEX EXPRESS ANNOUNCE ORDER FOR 24 MEDIUM AND LARGE FREIGHTERS.BOEING - NEW AIRPLANES VALUED AT $6.6 BILLION AT LIST PRICES.BOEING - CO, FEDEX EXPRESS ANNOUNCED NEW ORDER FOR 12 767 FREIGHTERS AND 12 777 FREIGHTERS.  Full Article

Fedex Corp Reports Q4 Adjusted EPS $5.91
Tuesday, 19 Jun 2018 

June 19 (Reuters) - FedEx Corp ::FEDEX CORP REPORTS FOURTH QUARTER AND FULL-YEAR EARNINGS.QTRLY DILUTED EPS $4.15.QTRLY ADJUSTED. DILUTED EPS $5.91.QTRLY GAAP REVENUE $17.3 BILLION VERSUS $15.7 BILLION REPORTED.FOR FISCAL 2019, SEES CAPITAL SPENDING OF $5.6 BILLION.SEES FOR FISCAL 2019 EARNINGS OF $15.65 TO $16.25 PER DILUTED SHARE BEFORE YEAR-END MTM RETIREMENT PLAN ACCOUNTING ADJUSTMENTS.FOR FISCAL 2019, SEES REVENUE GROWTH OF APPROXIMATELY 9%.FEDEX - QTRLY FEDEX GROUND SEGMENT REVENUE $4.80 BILLION VERSUS $4.30 BILLION.FEDEX SEES FOR FISCAL 2019 EPS $17.00 TO $17.60 BEFORE YEAR-END MTM RETIREMENT PLAN ACCOUNTING ADJUSTMENTS, EXCLUDING TNT EXPRESS INTEGRATION EXPENSES."REMAIN COMMITTED TO IMPROVING OPERATING INCOME AT FEDEX EXPRESS SEGMENT BY $1.2 TO $1.5 BILLION IN FISCAL 2020 VERSUS FISCAL 2017".Q4 NET RESULTS INCLUDE A $255 MILLION NET TAX BENEFIT ($0.94 PER DILUTED SHARE).QTRLY FEDEX FREIGHT SEGMENT GAAP REVENUE $1.86 BILLION VERSUS $1.60 BILLION REPORTED LAST YEAR.Q4 NET RESULTS ALSO INCLUDE $133 MILLION TAX BENEFIT FROM FOREIGN TAX CREDITS ASSOCIATED WITH DISTRIBUTIONS TO U.S. FROM OFFSHORE OPERATIONS.QTRLY FEDEX EXPRESS SEGMENT GAAP REVENUE $9.60 BILLION BILLION VERSUS $8.82 BILLION.Q4 EARNINGS PER SHARE VIEW $5.71, REVENUE VIEW $17.25 BILLION -- THOMSON REUTERS I/B/E/S.FY2019 EARNINGS PER SHARE VIEW $17.47, REVENUE VIEW $69.46 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

FedEx Sets Quarterly Cash Dividend Of $0.65 Per Share
Monday, 11 Jun 2018 

June 11 (Reuters) - FedEx Corp ::SETS QUARTERLY CASH DIVIDEND OF $0.65PER SHARE.  Full Article

John A. Smith Named FedEx Freight President And CEO
Monday, 30 Apr 2018 

April 30 (Reuters) - FedEx Corp ::JOHN A. SMITH NAMED FEDEX FREIGHT PRESIDENT AND CEO.FEDEX CORP - SMITH WILL SUCCEED MICHAEL DUCKER, AS PRESIDENT AND CEO OF FEDEX FREIGHT.FEDEX CORP - MATTHEW THORNTON III WILL BECOME EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER OF FEDEX FREIGHT.FEDEX CORP - SMITH AND THORNTON WILL BEGIN TRANSITIONING INTO THEIR NEW ROLES STARTING MID-MAY.  Full Article

Fedex Office Brings Same Day Delivery Service To Oregon
Monday, 9 Apr 2018 

April 9 (Reuters) - Fedex Office::FEDEX OFFICE BRINGS SAME DAY DELIVERY SERVICE TO OREGON.FEDEX OFFICE SAYS EXTENDED LOCAL COURIER DELIVERY SERVICE, FEDEX SAMEDAY CITY, TO PORTLAND, FIRST MARKET COVERAGE IN OREGON.  Full Article

FedEx Reserves 20 Tesla Semi Electric Trucks
Monday, 26 Mar 2018 

March 26 (Reuters) - FedEx Corp ::FEDEX RESERVES 20 TESLA SEMI ELECTRIC TRUCKS.FEDEX CORP - ‍PLACED A RESERVATION FOR 20 TESLA SEMI TRUCKS. FULLY-ELECTRIC TRUCKS, WHICH ARE SCHEDULED TO BEGIN PRODUCTION IN 2019​.FEDEX CORP - ‍FULLY-ELECTRIC TRUCKS, WHICH ARE SCHEDULED TO BEGIN PRODUCTION IN 2019, WILL BE OPERATED BY FEDEX FREIGHT, ITS LESS-THAN-TRUCKLOAD UNIT​.  Full Article

Fedex Corp Issues $500 Million Notes Due 2028 & $1 Billion Notes Due 2048
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Fedex Corp ::FEDEX CORP SAYS ISSUED $500 MILLION OF ITS 3.400% NOTES DUE 2028 AND $1 BILLION OF ITS 4.050% NOTES DUE 2048 - SEC FILING.  Full Article

Fedex Realigns Specialty Logistics And E-Commerce Solutions
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Fedex Corp ::FEDEX REALIGNS SPECIALTY LOGISTICS AND E-COMMERCE SOLUTIONS.FEDEX - REALIGNMENT, BEGINNING MARCH 1, 2018, OF ITS SPECIALTY LOGISTICS AND E-COMMERCE SOLUTIONS IN A NEW STRUCTURE UNDER FEDEX TRADE NETWORKS, INC..FEDEX- FEDEX SUPPLY CHAIN RESULTS,FEDEX CUSTOM CRITICAL RESULTS, WILL BE REPORTED WITH FEDEX TRADE NETWORKS IN FEDEX EXPRESS SEGMENT EFFECTIVE MARCH 1.FEDEX - NEW CO CALLED FEDEX FORWARD DEPOTS WITH RESPONSIBILITY FOR CRITICAL INVENTORY & SERVICE PARTS LOGISTICS, 3-D PRINTING, REPAIR CENTER.  Full Article

Fedex Q2 Earnings Per Share $2.84
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Fedex Corp ::REPORTS HIGHER SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $3.18.Q2 EARNINGS PER SHARE $2.84.Q2 EARNINGS PER SHARE VIEW $2.89 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 EARNINGS PER SHARE $11.45 TO $12.05 EXCLUDING ITEMS.FULL-YEAR EARNINGS OUTLOOK INCREASED.UNABLE TO FORECAST FISCAL 2018 YEAR-END MARK-TO-MARKET (MTM) PENSION ACCOUNTING ADJUSTMENTS. COMPANY IS UNABLE TO PROVIDE FISCAL 2018 EARNINGS OR EFFECTIVE TAX RATE (ETR) GUIDANCE ON A GAAP BASIS.QTRLY GAAP REVENUE $16.3 BILLION VERSUS $14.9 BILLION.- FISCAL 2018 ETR FORECAST IS NOW 33% TO 34% BEFORE YEAR-END MTM PENSION ACCOUNTING ADJUSTMENTS.QTRLY FEDEX GROUND SEGMENT REVENUE OF $4.93 BILLION VERSUS $4.42 BILLION LAST YEAR.QTRLY FEDEX FREIGHT SEGMENT REVENUE OF $1.76 BILLION VERSUS $1.60 BILLION LAST YEAR.- CAPITAL SPENDING FORECAST FOR FISCAL 2018 REMAINS $5.9 BILLION.QTRLY GAAP FEDEX EXPRESS SEGMENT REVENUE OF $9.35 BILLION BILLION VERSUS $8.64 BILLION LAST YEAR.- INCREASING 2018 FORECAST, DUE TO SOLID DEMAND TRENDS AND SUCCESS IN RESTORING BUSINESS IMPACTED BY THE SUMMER'S CYBERATTACK.- EXPECT TO SEE IMPROVED RESULTS IN FISCAL SECOND HALF.Q2 REVENUE VIEW $15.68 BILLION -- THOMSON REUTERS I/B/E/S.- REAFFIRM COMMITMENT TO IMPROVE OPERATING INCOME AT FEDEX EXPRESS SEGMENT BY $1.2 TO $1.5 BILLION IN FISCAL 2020 VERSUS FISCAL 2017.FEDEX - TOTAL TNT EXPRESS INTEGRATION PROGRAM EXPENSE THROUGH FISCAL 2020 NOW ESTIMATED TO BE ABOUT $1.4 BILLION, UP FROM PREVIOUS $800 MILLION ESTIMATE.  Full Article

FedEX Corp board declares quarterly dividend of $0.50 per share
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Fedex Corp :FedEX CORP board declares quarterly dividend.FedEX Corp - ‍declared a quarterly cash dividend of $0.50 per share on FedEX Corporation common stock​.  Full Article

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Short-sellers sense an opportunity as China trade tensions brew

NEW YORK Escalating trade tensions between Washington and Beijing may have sent tremors across the U.S. stock market but short-sellers are taking the opportunity to boost bearish bets against U.S. companies exposed to a full-blown trade war.