On Tuesday, June 20th, FedEx (FDX) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.
In our video David will take a look at the current state of FedEx, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
FedEx in Focus
FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. Services offered by FedEx companies include worldwide express delivery, ground small-parcel delivery, less-than-truckload freight delivery and global logistics, supply chain management and electronic commerce solutions.
FedEx is expected to report earnings at $3.89 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $2.35 per share, missing expectations by -$0.28. Their average EPS surprise is -2.32%.
FedEx Corporation Price and EPS Surprise
How should investors play FedEx ahead of their earnings report? For insights on the best options trades, then tune in 1:00pm CST today to see David’s thoughts.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we’re targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free…