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FedEx Corporation (FDX), headquartered in Memphis, Tennessee, provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. Valued at $74.04 billion by market cap, the company offers time-definite delivery services and international trade services such as customs brokerage, and global ocean and air freight forwarding. It provides small-package ground delivery services, residential delivery services, less-than-truckload (LTL), freight services, in-store services, and other business solutions. The logistics major is expected to announce its fiscal first-quarter earnings for 2025 after the market closes on Thursday, Sep. 19.
Ahead of the event, analysts expect FDX to report a profit of $4.91 per share on a diluted basis, up 7.9% from $4.55 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing on one other occasion. For fiscal 2024, FDX’s capital spending fell 16% year over year to $5.2 billion.