FMP
Jun 25, 2022 12:44 AM - Davit Kirakosyan
FedEx Corporation (NYSE:FDX) shares closed 7% higher on Friday following the company’s reported Q4 results. Despite both EPS of $6.87 and revenue of $24.4 billion coming in worse than the Street estimates of $6.88 and $24.47 billion, respectively, the full-year guidance beat the estimates.
Express segment revenue/adjusted operating income increased 6%/10% year-over-year, primarily on revenue management, including increased fuel surcharges.
Ground segment revenue and adjusted operating income were up 4% and down 23% year-over-year, respectively, largely via increased pricing net offsetting volume decline, while higher self-insurance/purchased transportation/wage expense growth outpaced revenue growth.
The company provided its full 2023-year outlook, expecting EPS in the range of $22.50-$24.50, better than the Street estimate of $22.41. Improving business trends are anticipated to persist as the company remains focused on revenue management as labor shortage/cost issues normalize.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...