FedEx Earnings Preview

It's time to get ready for FedEx earnings!

Don't be caught off-guard: FedEx FDX releases its next round of earnings Dec. 19. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for this Tuesday's quarter reporting earnings announcement after the bell.

Earnings and Revenue

Analysts predict FedEx will report earnings of $2.89 per share on revenue of $15 billion. In the same quarter last year, FedEx posted a profit of $3.76 per share on sales of $14 billion. The current analyst consensus estimate would represent a 3.21 percent increase in the company's earnings. Sales would be up 4.88 percent on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 3.16 3.86 2.62 2.9
EPS Actual 3.32 4.25 2.35 2.8

Q2 EPS Estimate: 2.89

Q2 Revenues Estimate: $15 billion

Stock Performance

Shares of FedEx were trading at $240.05 as of Dec. 15. Shares are up 28.89 percent year to date. For a full 12 months, the return has been 28.89 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The most common rating by analysts on FedEx stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Most Common Rating: Neutral

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. FedEx's Q2 conference call can be accessed here. https://www.fedex.com/ca_english/index.html

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