Earnings for coming week starting 16Sep24 - what does FedEx's earnings say about the market outlook?

Earnings Calendar (16Sep24)

Q3/2024 has started and a few interesting earnings are coming in the coming week. These include Factset, FedEx and Lennar.

Let us look into FedEx.

Observations of recent performances:

Revenue grew from $47.4 billion in 2015 to 87.6 billion in 2024. This is a decline compared to the $93.5 billion in 2022 and $90.1 billion in 2023.
The gross profit margin for the 10-year median stands at 21.3%.
The free cash flow for the 10-year median margin stands at 2.0% And the 10-year CAGR is 15.7%.
Earnings per share (EPS) has grown from $3.65 in 2015 to $17.21 in 2024. This shows good cost management. However, the best year for earnings per share is 2021 which clocked $19.45 for EPS.
The current P/E ratio is 16.2 is attractive.
More importantly, the outlook of FedEx can be a good indicator of market consumption and demand for goods & services.

Investing dot com has a “SELL” rating for the stock based on technical analysis. The stock price has gained 11.42% compared to a year ago.

Analysts’ sentiment points to a price target of $321.51 which suggests an upside of 12.27%.

The forecast for the coming earnings is $4.86 and $21.96B for its EPS and revenue respectively.

I think that FedEx is a good reference for global trade and its outlook can potentially affect the earnings much more.

$FactSet Research(FDS)$

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These include Factset, FedEx and Lennar.</p>\n<p style=\"text-align: left;\">Let us look into FedEx.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e2f9d3da82edc02af233297d3eb9316\" tg-width=\"1456\" tg-height=\"1168\"></p>\n<p style=\"text-align: left;\"><strong>Observations of recent performances:</strong></p>\n<ul>\n <li><p>Revenue grew from $47.4 billion in 2015 to 87.6 billion in 2024. This is a decline compared to the $93.5 billion in 2022 and $90.1 billion in 2023.</p></li>\n <li><p>The gross profit margin for the 10-year median stands at 21.3%.</p></li>\n <li><p>The free cash flow for the 10-year median margin stands at 2.0% And the 10-year CAGR is 15.7%.</p></li>\n <li><p>Earnings per share (EPS) has grown from $3.65 in 2015 to $17.21 in 2024. This shows good cost management. However, the best year for earnings per share is 2021 which clocked $19.45 for EPS.</p></li>\n <li><p>The current P/E ratio is 16.2 is attractive.</p></li>\n <li><p>More importantly, the outlook of FedEx can be a good indicator of market consumption and demand for goods &amp; services.</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/229264f4d53b273565865f72f0aaf85b\" tg-width=\"1364\" tg-height=\"1330\"></p>\n<p style=\"text-align: left;\">Investing dot com has a “SELL” rating for the stock based on technical analysis. The stock price has gained 11.42% compared to a year ago.</p>\n<p style=\"text-align: left;\">Analysts’ sentiment points to a price target of $321.51 which suggests an upside of 12.27%.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6c4200b3366b6df3a678ce2c5de7ad0f\" tg-width=\"908\" tg-height=\"1106\"></p>\n<p style=\"text-align: left;\">The forecast for the coming earnings is $4.86 and $21.96B for its EPS and revenue respectively.</p>\n<p style=\"text-align: left;\">I think that FedEx is a good reference for global trade and its outlook can potentially affect the earnings much more.</p>\n<p> <a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a> </p>\n<p> <a href=\"https://ttm.financial/S/FDX\">$FedEx(FDX)$</a> </p>\n<p> <a href=\"https://ttm.financial/S/FDS\">$FactSet Research(FDS)$</a> </p></body></html>","htmlText":"<html><head></head><body><h2>Earnings Calendar (16Sep24)</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/adb3aff54c71b69ec0fea912f1785181\" tg-width=\"1456\" tg-height=\"819\"></p>\n<p style=\"text-align: left;\">Q3/2024 has started and a few interesting earnings are coming in the coming week. These include Factset, FedEx and Lennar.</p>\n<p style=\"text-align: left;\">Let us look into FedEx.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e2f9d3da82edc02af233297d3eb9316\" tg-width=\"1456\" tg-height=\"1168\"></p>\n<p style=\"text-align: left;\"><strong>Observations of recent performances:</strong></p>\n<ul>\n <li><p>Revenue grew from $47.4 billion in 2015 to 87.6 billion in 2024. This is a decline compared to the $93.5 billion in 2022 and $90.1 billion in 2023.</p></li>\n <li><p>The gross profit margin for the 10-year median stands at 21.3%.</p></li>\n <li><p>The free cash flow for the 10-year median margin stands at 2.0% And the 10-year CAGR is 15.7%.</p></li>\n <li><p>Earnings per share (EPS) has grown from $3.65 in 2015 to $17.21 in 2024. This shows good cost management. However, the best year for earnings per share is 2021 which clocked $19.45 for EPS.</p></li>\n <li><p>The current P/E ratio is 16.2 is attractive.</p></li>\n <li><p>More importantly, the outlook of FedEx can be a good indicator of market consumption and demand for goods &amp; services.</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/229264f4d53b273565865f72f0aaf85b\" tg-width=\"1364\" tg-height=\"1330\"></p>\n<p style=\"text-align: left;\">Investing dot com has a “SELL” rating for the stock based on technical analysis. The stock price has gained 11.42% compared to a year ago.</p>\n<p style=\"text-align: left;\">Analysts’ sentiment points to a price target of $321.51 which suggests an upside of 12.27%.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6c4200b3366b6df3a678ce2c5de7ad0f\" tg-width=\"908\" tg-height=\"1106\"></p>\n<p style=\"text-align: left;\">The forecast for the coming earnings is $4.86 and $21.96B for its EPS and revenue respectively.</p>\n<p style=\"text-align: left;\">I think that FedEx is a good reference for global trade and its outlook can potentially affect the earnings much more.</p>\n<p> <a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a> </p>\n<p> <a href=\"https://ttm.financial/S/FDX\">$FedEx(FDX)$</a> </p>\n<p> <a href=\"https://ttm.financial/S/FDS\">$FactSet Research(FDS)$</a> </p></body></html>","text":"Earnings Calendar (16Sep24) Q3/2024 has started and a few interesting earnings are coming in the coming week. These include Factset, FedEx and Lennar. Let us look into FedEx. Observations of recent performances: Revenue grew from $47.4 billion in 2015 to 87.6 billion in 2024. This is a decline compared to the $93.5 billion in 2022 and $90.1 billion in 2023. The gross profit margin for the 10-year median stands at 21.3%. The free cash flow for the 10-year median margin stands at 2.0% And the 10-year CAGR is 15.7%. Earnings per share (EPS) has grown from $3.65 in 2015 to $17.21 in 2024. This shows good cost management. However, the best year for earnings per share is 2021 which clocked $19.45 for EPS. The current P/E ratio is 16.2 is attractive. More importantly, the outlook of FedEx can be a good indicator of market consumption and demand for goods & services. Investing dot com has a “SELL” rating for the stock based on technical analysis. The stock price has gained 11.42% compared to a year ago. Analysts’ sentiment points to a price target of $321.51 which suggests an upside of 12.27%. The forecast for the coming earnings is $4.86 and $21.96B for its EPS and revenue respectively. I think that FedEx is a good reference for global trade and its outlook can potentially affect the earnings much more. @TigerStars $FedEx(FDX)$ $FactSet Research(FDS)$","highlighted":1,"essential":1,"paper":2,"likeSize":21,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/349757606940680","repostId":0,"isVote":1,"tweetType":1,"viewCount":456,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["FDX","FDS"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1135,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/349757606940680"}