The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict FedEx's revenues will grow 2.2% and EPS will contract -10.2%.
The average estimate for revenue is $10.82 billion. On the bottom line, the average EPS estimate is $1.41.
Last quarter, FedEx notched revenue of $10.79 billion. GAAP reported sales were 2.6% higher than the prior-year quarter's $10.52 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.45. GAAP EPS of $1.45 for Q1 were 0.7% lower than the prior-year quarter's $1.46 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 25.1%, 50 basis points better than the prior-year quarter. Operating margin was 6.9%, 10 basis points worse than the prior-year quarter. Net margin was 4.3%, 10 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $43.95 billion. The average EPS estimate is $6.42.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,154 members out of 2,366 rating the stock outperform, and 212 members rating it underperform. Among 726 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 682 give FedEx a green thumbs-up, and 44 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FedEx is outperform, with an average price target of $106.70.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. TMFDisclosureHere