MARKET

FDX

FDX

Fedex Corp
NYSE
271.93
+1.78
+0.66%
Opening 14:15 04/23 EDT
OPEN
270.40
PREV CLOSE
270.15
HIGH
273.91
LOW
270.00
VOLUME
540.99K
TURNOVER
0
52 WEEK HIGH
291.27
52 WEEK LOW
209.51
MARKET CAP
66.92B
P/E (TTM)
15.65
1D
5D
1M
3M
1Y
5Y
UPDATE 2-UPS sees profit in US Postal Service work that dragged down FedEx earnings
UPS sees profit in US Postal Service work that dragged down FedEx earnings. UPS will become the no. 1 USPS air cargo service provider on Sept. 30. FedEx held the contract for more than two decades but has struggled with the business. UPS says it can profit from the deal because it reduces the distances postal shipments travel. The company expects the contract to be profitable in its first year.
Reuters · 3h ago
UPS gains after efficiency improvement leads to profit beat
United Parcel Service (UPS) posts mixed Q3 earnings report. Revenue decreased 5.2% year-over-year to $21.7B. Average daily package volume was 21.2M. Shares of UPS rose 3.28% in premarket action on Tuesday.
Seeking Alpha · 7h ago
UPS’s stock rises after company reports profit beat despite lower-than-expected revenue
MarketWatch · 7h ago
UPS' Stock Rises As Profit Fell But Beat Expectations, While Revenue Came Up A Bit Shy -- MarketWatch
Shares of United Parcel Service Inc. Rose 1.8% in premarket trading. The package delivery giant reported first-quarter profit that beat expectations. Net income fell to $1.11 billion, while revenue fell a bit shy of expectations. The stock has lost 7.6% year to date.
MarketWatch · 8h ago
UPDATE 4-UPS profit tops expectations as cost-cuts deliver margin
UPS says first-quarter adjusted profit tops expectations as cost-cuts deliver margin. The world's biggest parcel delivery firm reported a decline in average daily volumes in its key U.S. Business. The company is focusing on higher-margin deliveries for small businesses and healthcare companies.
Reuters · 8h ago
UPDATE 3-UPS profit beats estimates as cost cuts offset weak delivery demand
United Parcel Service's first-quarter profit beats estimates as cost cuts offset weak delivery demand. The company cut 12,000 jobs in January to save $1 billion in costs in 2024. UPS reported a 3.2% decline in average daily volumes in its domestic segment. Its shares were up 3.5% premarket.
Reuters · 8h ago
Here's What To Anticipate From UPS' Q1
NASDAQ · 8h ago
FEDEX CORP: FEDEX EXPRESS FORMS STRATEGIC ALLIANCE WITH ZONOS TO TACKLE CUSTOMS CHALLENGES FOR UK AND EU RETAILERS
Reuters · 8h ago
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About FDX
FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. The Company's segments include FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of United States domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment provides small-package ground delivery services, which includes day-certain service to any business address in the United States and Canada, as well as residential delivery services through its FedEx Home Delivery service. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides 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.

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