FedEx (NYSE: FDX) will release Q4 earnings on June 23, with analysts expecting a decrease in earnings and an increase in dividend rate. Analysts have mixed ratings for FDX stock.
FedEx Corporation (NYSE:FDX) will release earnings for its fourth quarter after the closing bell on Tuesday, June 23.
Analysts expect the Memphis, Tennessee-based company to report quarterly earnings of $5.92 per share.
That's down from $6.07 per share in the year-ago period.
The consensus estimate for FedEx's quarterly revenue is $24 billion (it reported $22.22 billion last year), according to Benzinga Pro.
On June 8, FedEx announced a 5% increase in the annual dividend rate.
FDX (NYSE: FDX) will release Q4 earnings on June 23. Analysts expect $5.92/share, lower than last year. Barclays maintains…
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FedEx posted strong fiscal third quarter results on Thursday and raised its guidance following a strong performance.
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.
Wells Fargo and Bernstein respectively see upside of 13% and 27% ahead for FedEx.
