Get Fedex before earnings lift again

Get Fedex before earnings lift again

Fedex shares shot up to $320 in 2021 as the COVID-19 lockdowns prompted consumers to buy more goods online. That spurred strong demand for its delivery services. The stock then fell to $142 in September 2022 as stores re-opened and online shopping volumes leveled off… Read More

Benefit from FedEx’s turnaround

FedEx’s shares shot up to $320 in 2021 as the COVID-19 lockdowns prompted consumers to buy more goods online. That spurred strong demand for its delivery services. The stock then fell to $142 in September 2022 as stores re-opened and online shopping volumes levelled off… Read More

FedEx is due for a turnaround with $4 billion in cost cuts

FedEx is due for a turnaround with $4 billion in cost cuts

While declining shipping demand accounted for a 6.2% revenue decline, FedEx continues to make progress with its plan to lower overhead costs and other expenses.

Already the company is raising its forecast for its 2023 earnings while the stock trades at 15.3 times that 2023 estimate.

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FEDEX… Read More