FedEx Corporation FDX is set to release third-quarter fiscal 2022 (ended Feb 28, 2022) results on Mar 17, after market close.The Zacks Consensus Estimate for earnings in the fiscal third quarter . UPS has managed to deliver consistently in each quarterly report, something that FedEx has mightily struggled with. 23.3M. The shipping service provider reported $4.59 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $4.64 by ($0.05), MarketWatch Earnings reports. Third quarter results were negatively impacted by a slowing economic environment, lower fuel surcharges and severe winter storms, with the storm … See FedEx Reporting Online Terms & Conditions for more information on using FedEx Reporting Online. Memphis-based global freight transportation and logistics services bellwether FedEx issued strong Fiscal Year (FY) 2022 and fourth quarter earnings late yesterday. Download PDF Format (opens in new window) . Operating results improved primarily due to the continued focus on revenue quality and profitable growth. FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the first quarter ended August 31 (adjusted measures exclude TNT Express integration expenses as described below): Fiscal 2021 Fiscal 2020 As Reported (GAAP) Adjusted FY 2022 full-year revenue—at $84 billion—rose 17.6% annually, and operating income—at $5.86 billion—climbed 46.8% annually . Operating Income of $1.3 Billion, Up 32% Year Over Year; Up 37% on an Adjusted Basis. MEMPHIS, Tenn., March 17, 2020 …. MEMPHIS, Tenn.-- ( BUSINESS WIRE )--FedEx Corp. (NYSE: FDX) today reported the following consolidated . . (10/1 - 12/31) 9. Outlook FedEx ended the quarter with a net cash position of $6.065B, and current assets of $19.466B. Year 2022. FedEx ended the quarter with a net cash position of $6.065B, and current assets of $19.466B. It will be an interesting study in market dynamics. FedEx last announced its quarterly earnings results on March 17th, 2022. Shares of FedEx jumped 9.4% in extended trading on Tuesday after a surge in pandemic-fueled home deliveries helped the U.S. package carrier post better-than-expected quarterly profit and revenue. Revenue per shipment increased 19% and average daily shipments grew 2% during the quarter, while the operating margin increased 850 basis points to 15.0%. The shipping service provider reported $4.59 earnings per share for the quarter, missing the consensus estimate of $4.64 by $0.05. FedEx Freight first quarter operating results improved primarily due to the continued focus on revenue quality and cost management. FedEx Ground has a money-back guarantee. Additional information and operating data are contained in the company's annual report, Form 10-K, Form 10-Qs, Form 8-Ks, Statistical Books and third quarter fiscal 2018 Earnings Presentation. Operating income dropped to $481 million, down from $552 million in the year-earlier quarter. Get a summary and dig into shipment details of up to two years of data, quickly find patterns from interactive reports and more. FedEx Corporation FDX is set to release third-quarter fiscal 2022 (ended Feb 28, 2022) results on Mar 17, after market close. FedEx Express fourth quarter operating income more than doubled year over year, driven by exceptional growth in international export and U.S. domestic package services. report, Form 10-K, Form 10-Qs, Form 8-Ks and Statistical Books. Memphis-based global shipping giant FedEx had a surprisingly rough quarterly report in September, as company leaders announced that the company's revenue had increased, but that employee shortages . 221 W. Forsyth St., Jacksonville, FL 32202. (904) 353-1100. Listen to conference call Audio. Revenue at FedEx Ground, a company that mostly transports products by truck, rose to $8.3 billion up from $7.3 billion in the year-earlier quarter. FedEx Office Print & Ship Center. The business had revenue of $23.64 billion for the quarter, compared to the consensus estimate of $23.33 billion. The Zacks Consensus Estimate for first-quarter fiscal 2021 earnings . June 25, 2021. The bottom line declined 10.27% year . Everyone thinks a strong number is coming. FedEx made $22.6 billion in revenue for the 2021 fiscal year's fourth quarter, up 30% from the year-before quarter. FY 2022 full-year revenue—at $84 billion—rose 17.6% annually, and operating income—at $5.86 billion—climbed 46.8% annually . FedEx annual/quarterly revenue history and growth rate from 2010 to 2022. Q1 (1/1 - 3/31) . FedEx Office Print & Ship Center. June 25, 2021. Q1 2022 average daily package volume. FedEx Corporation FDX is set to release first-quarter fiscal 2021 (ended Aug 31, 2020) results on Sep 15, after market close. Everyone . These materials, FedEx (FDX) hit an almost two-year high ahead of its fiscal first-quarter earnings report on Tuesday, September 15 after the close BREAKING NEWS: Dow Logs 6th-Straight Weekly Loss to Start May Mar. FedEx Corp. Reports Strong Third Quarter Results. Strong Earnings Growth Expected . The Zacks Consensus Estimate for fourth-quarter fiscal 2020 earnings has been revised 27.5% . In the company's latest earnings report, FedEx announced its quarterly earnings suffered a $450 million loss due to labor shortages - especially in its ground segment. The MTM retirement plan accounting adjustments, loss on debt extinguishment, costs related to business realignment activities in connection with the FedEx Express workforce reduction plan in Europe, and goodwill and other asset impairment charges are excluded from our fourth quarter and full-year fiscal 2021 and 2020 consolidated and FedEx . Mar 17, 2022 1:03 PM PDT. U.S. delivery firm FedEx Corp posted a 7% drop in quarterly profit and cut its full-year forecast on Tuesday, after labor shortages crimped earnings, slowed packages and drove up costs ahead of . Memphis-based global shipping giant FedEx had a surprisingly rough quarterly report in September, as company leaders announced that the company's revenue had increased, but that employee shortages,. December 17, 2019 04:02 PM Eastern Standard Time. 6. FedEx Co. (NYSE:FDX - Get Rating) declared a quarterly dividend on Friday, February 11th, RTT News reports. FDX Earnings Information. Quarterly revenue—at $23.6 billion—saw a 10% annual increase, and operating income—at $1.33 billion—saw a 32% annual gain. FedEx is unable to forecast the year-end fiscal 2022 mark-to-market (MTM) retirement plans accounting adjustment. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Mar 10, 2022 1:18PM EST. FedEx Freight reported record earnings and operating margin of 16.1% for the quarter, as average daily shipments grew 30% and revenue per shipment increased 6%. Check if this filing amends a previously filed version of this report 10. FedEx estimated that a lack of workers has resulted in a staggering 600,000 packages across its network being rerouted. FedEx (FDX) closed the most recent trading day at $208.43, moving -0.85% from the previous trading session. Operating income dropped to $481 million, down . Operating Income of $1.3 Billion, Up 32% Year Over Year; Up 37% on an Adjusted Basis Strong Earnings Growth Expected in Fourth Quarter FedEx Corp. (NYSE: FDX) today reported financial results for the quarter ended February 28. "Fiscal 2020 is a year of continued significant challenges and changes for FedEx . FedEx Corp. today reported the following consolidated results for the first quarter ended August 31 (adjusted measures exclude TNT Express integration expenses as described below): This year's and last year's quarterly consolidated results have been adjusted for TNT Express integration expenses of $71 million ($0.21 per diluted share) for . $4.5B. Balance Sheet. FedEx Corp. Reports First Quarter Results MEMPHIS, Tenn., September 21, 2021 . Q1 2022 consolidated revenue. Memphis-based global freight transportation and logistics services bellwether FedEx issued strong Fiscal Year (FY) 2022 and fourth quarter earnings late yesterday. And total U.S. package revenue—at $4.176 billion—saw a 6% annual gain, with total international export package revenue up 14%, to $3.688 billion, and international domestic down 13%, to $1.016 billion. FedEx said it expects to earn between $10.25 and $11.50 per share on an adjusted basis, from its prior range of $11 to $13 per . U.S. delivery firm FedEx Corp posted a 7% drop in quarterly profit and cut its full-year forecast on Tuesday, after labor shortages crimped earnings, slowed packages and drove up costs ahead of the all-important holiday peak season. Check if this is a Termination Report : Termination Date 11. 1. FedEx Corporation. 2021 and 2020 consolidated operating income and margin, net income and diluted earnings per share, and adjusted third quarter fiscal 2021 and 2020 FedEx Express segment operating income and margin. The Zacks Consensus Estimate for FedEx Ground revenues in the fiscal first quarter is currently pegged at $6,157 million, indicating an 18.9% improvement from the year-ago quarter's reported figure. We update our estimate of credit loss reserves quarterly, considering recent write-offs, collections information and underlying economic expectations. This change was narrower than the S&P 500's daily loss of 3.2%. Find the latest Earnings Report Date for FedEx Corporation Common Stock (FDX) at Nasdaq.com. The first-quarter fiscal 2020 results of FedEx's (FDX) largest revenue-generating unit are likely to be hurt by a drop in revenues from international priority packages. 1Q 2022 Historical Financial Info XLSX. FedEx Ground delivers throughout all 50 states to all U.S. business addresses. Credit losses were $137 million for the three-month period ended February 28, 2021 and $428 million for the nine-month period ended February 28, 2021. FedEx is revising its earnings forecast for the fiscal year to reflect second quarter Packages up to 150 lbs., 108" in length and 165" in length plus girth (L+2W+2H) can be shipped. FDX - Free Report) is set to release third-quarter fiscal 2022 (ended Feb 28, 2022) results on Mar 17, after market close. Citing confidence that the freight giant will beat consensus estimates in its earnings report, analysts at UBS recently upgraded the price target on the stock from $320 to a Street-high mark of . For the full year, ending June, earnings are projected to rise 83% year over year to $17.43 per share, up from $9.50 a year ago, while full-year revenue of $79.65 billion would rise 15% year over . Adjusted operating margin: 3.9% vs. 5.35% expected. Operating margin increased 260 basis points (an adjusted 340 basis . The Zacks Consensus Estimate for . No Lobbying Issue Activity : INCOME OR EXPENSES - YOU MUST complete either Line 12 or Line 13; FedEx's quarterly SEC report, meanwhile, is undramatic about the delivery task, saying FedEx expects a "modest increase in volumes" from the COVID-19 vaccines. Flipping the pages back a few years, FedEx acquired TNT Express in May 2016 in a . FedEx Freight saw a positive quarter too, with revenue that increased from $1.93 billion to $2.27 billion — a 17% increase — and operating income that jumped from $252 million to $334 million . Total quarterly package revenue—at $8.80 billion, was up 6% annually. FedEx had a return . FedEx Freight second quarter operating income increased 33%, with an operating . The company posted an adjusted net income of $1.36 billion, well ahead of last . Additional information and operating data are contained in the company's annual report, Form 10-K, Form 10-Qs, Form . Here's how FedEx did compared with what investors are expecting for the fiscal third quarter 2021, ending Feb. 28, based on estimates compiled by Refinitiv: Adjusted EPS: $3.47 per share vs. $3 . None of these numbers are out . FedEx's earnings (excluding 27 cents from non-recurring items) of $4.37 per share in first-quarter fiscal 2022 missed the Zacks Consensus Estimate of $4.96. FedEx Corp. Reports Strong First Quarter Results MEMPHIS, Tenn., September 15, 2020 . FDX - Free Report) is set to release fourth-quarter fiscal 2020 results on Jun 30, after market close. 18, 2021. $24.4B. These costs were partially offset by higher revenue per package, driven by service mix and pricing initiatives. 1Q 2022 Financial Info XLSX. FedEx had a return . None of these numbers are out . FedEx Corporation FDX is set to release third-quarter fiscal 2022 (ended Feb 28, 2022) results on Mar 17, after market close. Delivery area. This measures up against current liabilities of $13.99B. FedEx's largest business segment, FedEx Express — which recently named regional president of the Americas Richard Smith as incoming CEO — also produced solid quarterly results, despite . FedEx reported (adjusted measures exclude the items listed below for the applicable fiscal year): Fiscal 2022 Fiscal 2021 As Reported (GAAP) Adjusted (non-GAAP) As . As a result, FedEx is unable to provide a fiscal 2022 earnings per share or effective tax rate (ETR) outlook on a GAAP basis. Published. FedEx Corp. today reported the following consolidated results for the third quarter ended February 29 (adjusted measures exclude the items listed below for the applicable fiscal year): This year's and last year's quarterly consolidated results have been adjusted for: "The COVID-19 pandemic is having a . MEMPHIS, Tenn., March 21, 2007 … FedEx Corp. (NYSE: FDX) today reported earnings of $1.35 per diluted share for the third quarter ended February 28, compared to $1.38 per diluted share a year ago. FedEx Corp. today reported the following consolidated results for the fourth quarter ended May 31 (adjusted measures exclude the items listed below for the applicable year): This year's and last year's quarterly and full-year consolidated results have been adjusted for: "Fiscal 2019 was a year of both challenge and change for FedEx . The shipping service provider reported $4.59 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $4.64 by ($0.05), MarketWatch Earnings reports. Get the latest earnings releases, 10-Qs, webcasts, stat book, and more. FedEx Corp. Reports Higher Third Quarter Earnings. Visit Website. These materials, as well as a webcast of the earnings release conference call to be held at 5:00 p.m. EDT on March 20, are available on the company's . Diluted earnings per share—at $4.20—were up 27% annually, coming up short of Wall Street . Explore our SEC filings, including Amended Statements of Ownership, Current report filings and Beneficial Ownership changes. The Zacks Consensus Estimate for earnings in the fiscal third quarter has . Shipping giant FedExreports fiscal second-quarter earnings after the market closes Thursday. FedEx Corporation FDX is set to release third-quarter fiscal 2022 (ended Feb 28, 2022) results on Mar 17, after market close.The Zacks Consensus Estimate for earnings in the fiscal third quarter . This measures up against current liabilities of $13.99B. The Zacks Consensus Estimate for earnings in the fiscal third quarter . Adjusted earnings per share: $2.51 vs. $2.78 expected. Balance Sheet. FedEx Corp. Reports Second Quarter Results. MEMPHIS, Tenn., September 21, 2021--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the first quarter ended August 31 (adjusted measures exclude the items listed . FedEx Ground first quarter operating results declined primarily due to higher labor costs and network inefficiencies due to inadequate staffing, which negatively affected year-over-year results by an estimated $320 million. FedEx Freight reported a record operating margin of 17.3% for . View press release HTML PDF. Here's how FedEx did compared with what investors are expecting for the fiscal second-quarter 2021, which ended Nov. 30, based on estimates compiled by Refinitiv: Adjusted EPS: $4.83 per share . FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the first quarter ended August 31 (adjusted measures exclude the items listed below for the applicable fiscal year): Fiscal 2022 Fiscal 2021 As Reported (GAAP) Adjusted (non-GAAP) Fiscal third quarter earnings for Memphis-based freight transportation and logistics services bellwether FedEx issued yesterday showed gains, amid various challenges. Investors of record on Monday, March 7th will be given a dividend of 0.75 per share by . House ID# 345280365. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. TYPE OF REPORT: 8. FedEx Freight, a company within FedEx that handles bulk shipping, saw revenue increase to $2.3 billion,. FedEx Freight third quarter operating income nearly tripled, driven by a continued focus on revenue quality and profitable growth. Weight limit and maximum package size. Operating Income of $1.3 Billion, Up 32% Year Over Year; Up 37% on an Adjusted Basis Strong Earnings Growth Expected in Fourth Quarter MEMPHIS, Tenn., March 17, 2022 -- ( BUSINESS WIRE )--FedEx. MEMPHIS, Tenn., December 16, 2021--FedEx Corp. (NYSE: FDX) today reported financial results for the quarter ended November 30. The shipping giant once again lowered its full-year earnings outlook. FedEx Corporation FDX is set to release fourth-quarter fiscal 2021 (ended May 31, 2021) results on Jun 24, after market close.The Zacks Consensus Estimate for fiscal fourth-quarter earnings has . Q1 2022 cash flows from operating activities. At the same time, the . Shares in the Memphis, Tennessee-based company fell 4.6% to $240.50 in extended trading after FedEx said staffing problems resulted in a $450 million year-over . These financial measures have been . Earnings Presentation PDF. Quarter ended Mar 31, 2022.