FedEx Earnings Preview: Key Metrics to Watch
FedEx Corporation, listed as FDX, is gearing up for its quarterly earnings report on December 19, 2024. Analysts project an earnings per share (EPS) of $3.95, with revenue estimates around $22.1 billion.
- The company’s price-to-earnings (P/E) ratio stands at 17.32.
- FedEx exhibits a solid debt-to-equity ratio of 0.82.
As FedEx prepares to unveil its financial results, investors eagerly await insights into the company’s growth trajectory and operational efficiency. Despite anticipated slight revenue declines for the quarter ending November 2024, analysts express cautious optimism about returning growth.
The upcoming earnings report will shed light on FedEx’s long-term outlook and provide guidance for investors contemplating their next moves. Keeping track of FedEx’s performance metrics is essential for informed investment strategies.