FedEx

FedEx (NYSE:FDX) updated its FY 2023 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $14.60-$15.20 for the period, compared to the consensus estimate of $13.56. The company issued revenue guidance of FedEx also updated its FY23 guidance to $13.80-14.40 EPS.

March 16, 2023 — FedEx(NYSE:FDX) today reported the following consolidated results for the third quarter ended February 28 (adjusted measures exclude the items listed below for the applicable fiscal year): Key Quotes: FedEx(NYSE:FDX) reported fiscal Q3 adjusted net income  of $3.41 per diluted share, down from $4.59 a year earlier. Analysts polled by Capital IQ forecast $2.74. Revenue for the quarter ended Feb. 28 was $22.2 billion, down from $23.6 billion a year earlier. Analysts surveyed by Capital IQ projected $22.74 billion. The delivery company said it now expects fiscal 2023 adjusted EPS of $13.80 to $14.40 before the mark-to-market retirement plans accounting adjustments. It guided at $12.50 to $13.50 previously. Additionally, the company said it continues to expect fiscal 2023 capital spending of $5.9 billion. FedEx Express operating results declined due to lower global volumes, partially offset by a 3% increase in revenue per package. Outlook FedEx is increasing

FedEx Corp. (NYSE:FDX)  stock price trend forecast and market analysis: 2022.12.27 From the stock chart analysis, The previous I think that the probability of medium and long-term decline has risen sharply, it is recommended that short-term trading and medium-term and long-term trading only hold above the 60-day moving average, the stop loss price is 60-day moving average, and the stock price stops falling and rises and the closing price is higher than the 60-day moving average when it makes up. Based on recent market sentiment, it is recommended to move the stop loss price to $170 in the short and medium lines. If the stock price falls below $170, the next Bo rebound position is at the 60-day moving average position, generally the moving average will not fall below once, and you can play repeatedly. The trading volume and trend are weak, the index is weak overall, and the probability