FedEx (NYSE:FDX) will be announcing its earnings results after the market closes on Monday, September 17th. Analysts expect the company to announce earnings of $3.80 per share for the quarter. FedEx has set its FY19 guidance at $17.00-17.60 EPS.

FedEx (NYSE:FDX) last released its earnings results on Tuesday, June 19th. The shipping service provider reported $5.91 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $5.72 by $0.19. The company had revenue of $17.31 billion during the quarter, compared to the consensus estimate of $17.24 billion. FedEx had a net margin of 6.99% and a return on equity of 23.17%. The company’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.25 EPS. On average, analysts expect FedEx to post $17 EPS for the current fiscal year and $20 EPS for the next fiscal year.

FDX opened at $255.44 on Friday. The stock has a market capitalization of $66.90 billion, a PE ratio of 16.72, a P/E/G ratio of 1.15 and a beta of 1.45. FedEx has a 1-year low of $211.74 and a 1-year high of $274.66. The company has a quick ratio of 1.33, a current ratio of 1.39 and a debt-to-equity ratio of 0.79.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 1st. Stockholders of record on Monday, September 10th will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Friday, September 7th. FedEx’s payout ratio is currently 16.98%.

Several equities research analysts have recently weighed in on the stock. Morgan Stanley dropped their target price on shares of FedEx from $248.00 to $245.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 20th. Credit Suisse Group boosted their target price on shares of FedEx from $306.00 to $315.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 20th. Oppenheimer boosted their target price on shares of FedEx from $282.00 to $288.00 and gave the stock an “outperform” rating in a research report on Thursday, June 14th. UBS Group downgraded shares of FedEx from a “buy” rating to a “neutral” rating and set a $256.00 target price for the company. in a research report on Monday, July 16th. Finally, Loop Capital dropped their target price on shares of FedEx to $310.00 and set a “buy” rating for the company in a research report on Thursday, June 21st. Three research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $287.70.

About FedEx

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company's FedEx Express segment offers shipping services for delivery of packages and freight. Its FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services; and consolidates and delivers low-weight and less time-sensitive business-to-consumer packages.

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Earnings History for FedEx (NYSE:FDX)

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