The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict FedEx's revenues will increase 2.8% and EPS will decrease -10.3%.
The average estimate for revenue is $10.86 billion. On the bottom line, the average EPS estimate is $1.39.
Last quarter, FedEx reported revenue of $11.10 billion. GAAP reported sales were 4.9% higher than the prior-year quarter's $10.59 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 $1.39. GAAP EPS of $1.39 for Q2 were 11% lower than the prior-year quarter's $1.57 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 24.7%, 80 basis points worse than the prior-year quarter. Operating margin was 6.5%, 90 basis points worse than the prior-year quarter. Net margin was 3.9%, 80 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $44.21 billion. The average EPS estimate is $6.31.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,121 members out of 2,335 rating the stock outperform, and 214 members rating it underperform. Among 757 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 718 give FedEx a green thumbs-up, and 39 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 $103.96.
Looking for alternatives to FedEx? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add FedEx to My Watchlist.
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. The Motley Fool recommends FedEx and recommends the following options:Long Jan 2015 $65 Calls on FedEx. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.