Revenue segments as reported by the company.

FedEx Express

Ground

Freight

Services

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Salaries & Employee Benefits

Purchased Transportation

Rentals & Landing Fees

Fuel

Maintenance & Repairs

Asset Impairment Charges

Business realignment costs

Other OpEx

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

FedEx

FedEx Corp. provides a broad portfolio of transportation, e-commerce and business services under the FedEx brand. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other & Eliminations. The FedEx Express segment consists of domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment focuses on small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight services across all lengths of haul. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions. The Corporate, Other & Eliminations segment includes corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the firm's core business. The company was founded by Frederick Wallace Smith on June 18, 1971, and is headquartered in Memphis, TN.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q2 2023

FedEx reports strong operational execution and cost savings in Q2 2023

FedEx showcased strong operational execution and cost savings, while facing challenges from yield pressure and market headwinds. The company is consolidating its operations into 1 entity, Federal Express Corporation, streamlining its structure. Despite challenges, FedEx raised its full year adjusted earnings per share outlook, indicating confidence in future performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FedEx Corp. is a holding company, which engages in the provision of transportation, e-commerce, business services, and business solutions. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other and Eliminations. The FedEx Express segment offers transportation and delivery services. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment refers to freight transportation services to business and residences. The FedEx Services segment includes 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. The Corporate, Other, and Eliminations segment is involved in the corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the firm's core business. The company was founded by Frederick Wallace Smith on June 18, 1971, and is headquartered in Memphis, TN.

A severe winter storm gripping most of the United States threatens to delay millions of last-minute Christmas gift deliveries due to shutdowns at major shipping hubs.

FedEx, other shippers warn extreme weather will delay some U.S. holiday gift deliveries

Due to a decline in delivery volumes, FedEx and other logistics companies have had a tough year.

Will FedEx Stock See Higher Levels After A Mixed Q2?

FedEx will increasingly rely on outsourced air transport for growth as it pursues an aggressive cost-cutting strategy to resize its delivery network in line with deteriorating market conditions and a structural rebalance in e-commerce sales, executives said.  “An initial priority is to optimize the global air network where we expect to generate approximately $400 million in savings.

FedEx to outsource more cargo flying in cost-cutting effort

FedEx Corp. has managed through multiple “show-me” moments in its half-century of operations. But none may be as important as what transpired Tuesday night.

The leap of faith at FedEx

FedEx's plan to slash almost $4 billion in expenses has begun sheltering profits, but analysts say the uncertain economy points to the need for more surgical cuts at the global delivery firm.

FedEx cost cuts stanch losses, analysts see need for more

Declining package volumes in the latest FedEx earnings report stoked new concerns about discretionary spending. This was after the company reported its fiscal second-quarter earnings Tuesday (Dec 19) night, which included its fourth straight quarter of declining package volume.

FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops

CEO Raj Subramanian said a soft economy and an "e-commerce reset" were to blame for slow demand. The company's reacting with big cuts.

FedEx is frantically cutting billions in costs as its pandemic success evaporates

At some point, FedEx will miss on earnings if it can't shore up its revenue base. And that's a story that investors can see from the FedEx stock chart

Here's Why You Should Steer Clear of the FedEx Bounce

FedEx's (FDX) second-quarter fiscal 2023 revenues were favorably impacted by yield improvement and higher fuel surcharges, partially offset by global volume softness.

FedEx (FDX) Surpasses Q2 Earnings Estimates, Revenues Lag

F edEx Corporation (NYSE:FDX) is trading higher this morning, after the company's fiscal second-quarter report included a substantial earnings beat.

Analysts, Options Traders Target FedEx Stock After Earnings

FedEx Corp.'s cost-cutting plans have been welcomed by analysts, but they warn that the parcel-delivery service still has plenty of challenges ahead.

FedEx has ‘stemmed the bleeding,' but challenges remain, say analysts

NIKE

Could this be the catalyst that starts a new bull market?

These 2 Stock Giants Are Getting Markets Into the Holiday Spirit

FedEx Corp FDX shares are trading higher after the company reported mixed financial results. Analysts are moving in different directions Wednesday morning following the company's quarterly results.

Why FedEx Stock Is Delivering Gains Wednesday Morning - FedEx (NYSE:FDX)

Tesla

Premarket action Wednesday had all three major U.S. indexes trading slightly higher.

Before the Bell: Nike, FedEx, Tesla Are Big Movers; Federal Spending Bill Going to a Vote

6.30am: A little bit of Santa? US stocks are expected to open higher on Wednesday, building on gains from yesterday, with after-hours results from FedEx Corp and Nike Inc providing a lift for weary investors still holding out for a pre-Christmas rally.

Dow, S&P 500 and Nasdaq seen opening higher; results from FedEx and Nike bring some cheer

FedEx Corporation (NYSE:FDX ) Q2 2023 Results Conference Call December 21, 2022 5:30 PM ET Company Participants Mickey Foster - Vice President, Investor Relations Raj Subramaniam - President and Chief Executive Officer Mike Lenz - Executive Vice President and Chief Financial Officer Brie Carere - Executive Vice President and Chief Customer Officer Conference Call Participants Tom Wadewitz - UBS Helane Becker - Cowen and Company Jordan Alliger - Goldman Sachs Ken Hoexter - Bank of America Scott Group - Wolfe Research Brandon Oglenski - Barclays Allison Poliniak - Wells Fargo David Vernon - Bernstein Stephanie Moore - Jefferies Jack Atkins - Stephens Chris Wetherbee - Citi Amit Mehrotra - Deutsche Bank Scott Schneeberger - Oppenheimer Brian Ossenbeck - JPMorgan Operator Good day, everyone, and welcome to today's FedEx Corporation Second Quarter Fiscal 2023 Earnings Call. Today's call is being recorded.

FedEx Corporation (FDX) Q2 2023 Earnings Call Transcript

FedEx Corporation (NYSE: FDX) is trading up after the bell even though its reported lower-than-expected revenue for its fiscal second quarter on lower volumes, teasing an economic downturn.   Analyst reacts to FedEx future guidance Still, investors are cheering earnings that topped Street estimates for the recent quarter.

FedEx is ‘setting the bar pretty low': Expert

FedEx (FDX) delivered earnings and revenue surprises of 14.80% and 3.59%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

FedEx (FDX) Q2 Earnings Surpass Estimates

Apple

Part of what we've seen in trading during these final weeks of 2022 is some tax-loss selling, especially in macro-cap stocks.

Markets Up Slightly 1st Time Last 4 Days; FedEx, Nike Report

FedEx CEO and President Raj Subramaniam is stepping up cost reductions as package volume drops.  “The declining demand trends we saw at the end of Q1 softened further in the second quarter, and we are moving faster and with more determination than ever to accelerate our cost actions,” Subramaniam said Tuesday (Dec.

FedEx CEO Accelerates Cost Cutting as Package Volume Drops

FedEx Corp. posted fiscal 2023 second-quarter results late Tuesday that demonstrated its ability to quickly slash costs but also confirmed the damage a slowdown in demand is inflicting on its top line. FedEx (NYSE: FDX) reported adjusted diluted earnings per share of $3.18, coming in above consensus estimates of $2.77.

FedEx's fiscal second-quarter results benefit from cost cuts

The delivery giant said it plans additional cost cutting as it confronts weaker demand.

FedEx Earnings Fall as Package Shipments Decline Again

FedEx Corp. on Tuesday said it planned to slash an extra $1 billion in costs beyond what it outlined in September, bringing those total expected cuts to roughly $3.7 billion, amid what management called a “weaker demand environment” that led to softer-than-expected sales for its second quarter.

FedEx expects to cut costs by an extra $1 billion, amid ‘weaker-than-expected volume'

FedEx Corp on Tuesday vowed to accelerate "aggressive cost reduction plans" by slashing an additional $1 billion in costs as it races to get ahead of falling demand for its delivery services.

FedEx promises more aggressive cost cuts; shares rise

Tuesday evening, FedEx reported fiscal second -quarter earnings per of $3.18 from $22.8 billion in sales. Wall Street was looking for earnings per share of $2.81 from $23.7 billion in sales.

News for FedEx Stock (FDX)