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Analysts expect a FedEx earnings miss even as the global shipping outlook appears more positive.
What we're watching for tomorrow Central Bank Decisions, Nike & FedEx Earnings.
FedEx (NYSE: FDX) is scheduled to report its fiscal Q3 2024 results on Thursday, March 21. We expect it to post revenue in line and earnings above the street expectations.
Wall Street analysts tend not to take unnecessary risks when rating and valuing stocks. If they become overly bearish or bullish, and their predictions turn out wrong, that's a bonus they won't be get
For years, the working relationship between Amazon and FedEx has been a little unpredictable. Once, the two corporate behemoths enjoyed a symbiotic partnership, but in 2019, they drifted apart, eventu
FedEx Corp (NYSE:FDX, ETR:FDX) is likely to have faced pressure from poor weather over the third quarter, UBS analysts have warned, prompting a cut to forecasts. Ahead of the international shipping f
Amazon and FedEx reportedly weighed teaming up on returns last year. FedEx previously had a business relationship with Amazon.
The Investment Committee debate how to trade the latest calls of the day.
FedEx and Amazon reportedly engaged in discussions last year about a potential partnership to handle the increasing volume of eCommerce returns. Although no deal was reached, the talks underscore t

Wall Street Awaits FOMC Report

11:46am, Monday, 18'th Mar 2024
Pre-market futures are into the green (a day after St. Patrick's Day) considerably at this hour, following a week of trading that was rather atypically erratic — at or near all-time highs one day, d
Beyond analysts' top -and-bottom-line estimates for FedEx (FDX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter en
Given its better prospects, we believe UPS stock (NYSE: UPS) is a better pick than its peer — FedEx stock (NYSE: FDX). UPS trades at a higher valuation multiple of 1.4x revenues vs.
The FOMC is expected to hold interest rates steady, but the Bank of Japan may hike. Plus, earnings reports from Micron Technology, FedEx, and Nike.
By the close of markets on March 15, the general stock market ended the day on a downturn, marking a second consecutive week of losses, with major indices experiencing declines. These losses have coin
FedEx (FDX) is set to report third-quarter earnings for its 2024 fiscal year after the bell on Thursday following a tough stretch for the package delivery giant amid weakened demand.
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