Donald Broughton, Broughton Capital founder, joins 'Closing Bell Overtime' with reaction to FedEx earnings, the stocks reaction, and the competitive shipping landscape.
FedEx (NYSE:FDX) Corp announced fourth-quarter 2023 revenue of $21.9 billion, down from $24.4 billion a year earlier on reduced ecommerce demand and falling short of the $22.65 billion consensus analy
Shares of FedEx Corp. fell after hours on Tuesday after the package deliverer offered up a full-year profit forecast that fell short of expectations, as Wall Street zeroes in on the company's efforts

FedEx profit falls on lower e-commerce demand

04:08pm, Tuesday, 20'th Jun 2023
FedEx on Tuesday reported a fall in quarterly adjusted profit after a bigger-than-expected drop in e-commerce delivery demand offset its $4 billion cost-cutting plan aimed at sheltering margins.
FedEx stock is trading near a buy point ahead of its fiscal Q4 results. Can the delivery giant turn around its earnings slump?

Earnings Previews: FedEx, Winnebago

08:25am, Monday, 19'th Jun 2023
U.S. markets are closed Monday in observance of Juneteenth, and the flow of quarterly earnings reports all but dries up until after the July 4th holiday.

Powell in Congress, FedEx Reports and More

03:00pm, Sunday, 18'th Jun 2023
Earnings reports from FedEx, Darden, FactSet, Accenture, and CarMax. Plus, housing data, leading economic indicators, a BofE interest rate decision, and Powell testimony.
Yahoo Finance anchor Diane King Hall and Akiko Fujita report on what to watch for next week starting on Tuesday June 20, 2023 including Fed Chair Jerome Powell is set to testify before Congress next W
When people buy things, they often need them shipped. And financial results this week from FedEx Corp., which does a lot of that shipping in the U.S. and around the world, will serve as a proxy for co
The Paris Air Show and Fed Chair Powell's testimony give stock market investors plenty to chew on in the holiday shortened week.
FedEx Stock is at a buy point with earnings due on Tuesday. Olive Garden parent Darden Restaurants is also set to report next week.
FedEx (NYSE:FDX) may report a positive earnings surprise when it posts its fourth-quarter and full-year 2023 results after the closing bell on Tuesday, according to analysts at UBS. UBS, which has a �
FedEx (FDX) pilots will now vote on the provisional deal. On ratification, the deal will make them eligible for a 30% pay hike.
Cost-control actions are likely to aid FedEx's (FDX) fourth-quarter results.
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