Recent Insider Transactions • Apr 18
Executive VP & Chief People Officer recently sold Mex$32m worth of stock On the 15th of April, Tracy Brightman sold around 5k shares on-market at roughly Mex$6,271 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$49m more than they bought in the last 12 months. Recent Insider Transactions • Apr 16
Executive VP & Chief Customer Officer recently sold Mex$17m worth of stock On the 14th of April, Brie Carere sold around 3k shares on-market at roughly Mex$6,382 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Aankondiging • Mar 25
FedEx Corp Launches FedEx Sameday Local Delivery Service FedEx Corp. announced the rollout of FedEx SameDay Local, a delivery offering designed to enable its customers to meet rising consumer expectations for flexibility, control, and convenience while balancing their cost to serve. FedEx SameDay Local will provide time-definite delivery within a two-hour window and day-definite delivery by end-of-day. In collaboration with OneRail, a comprehensive last-mile delivery solution company, FedEx SameDay Local will let shoppers choose two-hour or end-of-day delivery directly at checkout. The service will connect FedEx customers to a national network of more than 1,000 delivery providers, coordinated through intelligent orchestration. Orders are then automatically matched to the appropriate vehicle and driver, dispatched quickly, and tracked with live updates from pickup to delivery. FedEx SameDay Local will enable time-definite delivery windows, including two-hour and end-of-day service with a national network, near real-time tracking from pickup to drop-off, predictive ETAs, and proof of delivery, flexible integration through efficient API connections and full platform support, smart orchestration using AI-driven rules to optimize delivery provider selection, routing, and delivery performance, 24/7 support with proactive monitoring to help stay ahead of delay or disruptions from pickup to arrival, and ability to fulfill large, oversized, or specialized deliveries. FedEx SameDay Local expands the company’s delivery offering to give customers the ability to meet this range of preferences. When it comes to speed, research shows that 96% of shoppers define “fast delivery” as same-day, 80% want to see a same-day option at checkout, and nearly half are more likely to complete a purchase when same-day delivery is available. The recent FedEx Future of Logistics Intelligence Report found that 36% of consumers prioritize reliable delivery windows, yet only 59% of organizations use shipment data proactively to predict and prevent issues, with just 18% able to always intervene to minimize the impact when delays occur. By providing near real-time tracking, predictive ETAs, and automated rerouting, FedEx SameDay Local will help customers close this gap, reduce abandoned carts, and build customer loyalty. The launch of FedEx SameDay Local expands the company’s ability to support customers across the full delivery lifecycle from long-haul transportation to local last-mile fulfillment. The company’s connected ecosystem optimizes delivery routes, reduces costs, and improves reliability at scale. FedEx customers looking to learn more about FedEx SameDay Local are encouraged to reach out to their sales representative directly. Reported Earnings • Mar 21
Third quarter 2026 earnings released: EPS: US$4.47 (vs US$3.78 in 3Q 2025) Third quarter 2026 results: EPS: US$4.47 (up from US$3.78 in 3Q 2025). Revenue: US$24.0b (up 8.3% from 3Q 2025). Net income: US$1.05b (up 16% from 3Q 2025). Profit margin: 4.4% (up from 4.1% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Mar 20
FedEx Corporation Raises Earnings Guidance for the Full Year of Fiscal 2026 FedEx Corporation raised earnings guidance for the full year of fiscal 2026. For the period, the company expects a 6.0% to 6.5% revenue growth rate year over year, compared to the prior forecast of 5% to 6% growth. Declared Dividend • Feb 24
Second quarter dividend of US$1.45 announced Shareholders will receive a dividend of US$1.45. Ex-date: 9th March 2026 Payment date: 1st April 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Feb 12
FedEx Corporation Provides Consolidated Earnings Guidance for the Fiscal Year 2026; Provides Financial Targets for 2029 FedEx Corporation provided consolidated earnings guidance for the fiscal year 2026 and provided financial targets for 2029. For the year 2026, the company expects GAAP measure (including FedEx Freight): Revenue of $93,500 million, Operating Income of $5,272 million.
For 2029, the company expects revenue of ~$98 billion (~4% CAGR), Operating Income of ~$8 billion (~17% GAAP CAGR, ~14% non-GAAP CAGR). Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Mex$6,243, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Logistics industry globally. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$5,612 per share. New Risk • Feb 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Share price has been volatile over the past 3 months (5.6% average weekly change). Aankondiging • Feb 03
FedEx Corp. to Offer Access to Ai-Powered Post-Purchase Solutions for Enterprises FedEx Corp. announced improved digital tracking and returns capabilities designed to help shippers simplify the customer experience after checkout. FedEx Tracking+ and FedEx Returns+ are two enhanced tools that can be embedded directly within a shipper's owned digital channels, adding an AI-powered, white-labeled layer that improves visibility, communication, and operational efficiency throughout the delivery lifecycle. The capabilities are delivered in collaboration with parcelLab. Key AI capabilities include: Automated responses to common delivery and returns questions, such as "Where is my order?" and "Where is my return/refund?" Performance insights across tracking and returns activity to help monitor trends and exceptions; Pattern and anomaly detection within delivery and returns data to surface potential problems or opportunities; Automated returns policy and experience adjustments using merchant-defined rules and workflows eliminating the need for manual configuration changes. By implementing these AI-powered solutions, shippers may see significant improvement in both the customer experience and operational efficiency. According to recent insights from parcelLab, brands have seen 42% fewer "Where is My Order" (WISMO) inquiries, 85% higher customer retention, and 42% more repeat purchases through proactive, personalized communications as customers re-engage directly from their fully branded, owned tracking pages that convert at over 3% on average. The annual 2026 FedEx Returns Survey found that two-in-three (67%) consumers say a retailer's return policy at least sometimes impacts their purchases. Consumers increasingly expect simple, convenient return options--such as no-box, no-label or QR code returns through FedEx Easy Returns-- while merchants require flexible solutions, including email labels and branded workflows across FedEx and partner networks. With this new digital suite, businesses can meet consumer expectations while maintaining full control of branding and policies. ParcelLab also found that returns have become a revenue-retention opportunity, with intelligent exchanges and personalized return experiences driving three times more repeat purchases, 60% higher average order value, and 17% fewer "Where is My Return" (WISMR) inquiries. These tracking and returns experiences are fully branded and managed within the merchant's own digital environment, giving brands direct control over policies, messaging, and customer interactions. Furthermore, AI-powered tools are also gaining more attention with business shippers. The FedEx Returns Survey revealed that 37% of business shippers currently use AI tools for returns, with 51% planning future adoption. Users report that the returns AI capabilities have delivered up to 85% forecasting accuracy and 40% improved return prediction, enabling merchants to anticipate issues before customers reach out. proactive mitigation of delivery and returns problems can help businesses reduce support costs, protect margins, and strengthen brand loyalty. Intelligent post-purchase engagement, including product recommendations and targeted messaging, has also been shown to deliver incremental revenue uplift by increasing re-engagement and repeat purchasing. Both FedEx Tracking+ and FedEx Returns + are fully white-labeled digital tools, enabling brands to manage tracking and returns as an extension of their own experience rather than redirecting customers to third-party pages. The AI-powered solutions are now available to U.S. customers. Customers interested in exploring either or both of these new offerings can learn more here. Buy Or Sell Opportunity • Jan 27
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to Mex$5,395. The fair value is estimated to be Mex$4,436, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.3%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period. Aankondiging • Jan 27
Fedex Corp. Announces Executive Changes, Effective June 1, 2026 FedEx Corp. announced the appointment of Scott Ray as chief operating officer for U.S. and Canada Surface Operations, effective June 1, 2026. Ray will begin transitioning into the role as COO-elect on February 1, 2026. Ray will be responsible for leading all aspects of Surface Operations in the U.S. and Canada, from the daily operations of safely and reliably delivering millions of packages every day, to ensuring the effective execution and implementation of strategic initiatives, including Network 2.0. Having served as the president of Surface Operations since 2024, Ray’s operational and leadership experience is extensive, with 39 years at FedEx, mostly spent leading operational teams throughout the U.S. Before serving as president of Surface Operations, Ray served as executive vice president and chief operating officer for FedEx Ground. Ray has led multiple transformation efforts and integrations over the years, including the consolidation of the Ground and Home Delivery operational networks in 2010 and the integration of the FedEx SmartPost business in 2019. The leadership team of surface operations will report directly to Ray, and there are no plans to backfill the president of Surface Operations position. Aankondiging • Jan 16
FedEx Corporation Announces Stephen E. Gorman to Resign from Board, Effective Upon His Joining the Board of Directors of FedEx Freight On January 12, 2026, Stephen E. Gorman notified the board of directors of FedEx of his decision to resign from the Board effective upon his joining the board of directors of FedEx Freight upon the planned spin-off of FedEx Freight by FedEx. There were no disagreements between Mr. Gorman and FedEx or the Board on any matter relating to FedEx’s operations, policies, or practices or any other matter. Buy Or Sell Opportunity • Dec 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to Mex$5,251. The fair value is estimated to be Mex$4,368, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.3%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Reported Earnings • Dec 19
Second quarter 2026 earnings released: EPS: US$4.07 (vs US$3.05 in 2Q 2025) Second quarter 2026 results: EPS: US$4.07 (up from US$3.05 in 2Q 2025). Revenue: US$23.5b (up 6.8% from 2Q 2025). Net income: US$956.0m (up 29% from 2Q 2025). Profit margin: 4.1% (up from 3.4% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Dec 19
Fedex Corporation Raises Revenue Guidance for the Fiscal Year 2026 FedEx Corporation raises revenue guidance for the fiscal year 2026. For the year, the company revised a 5% to 6% revenue growth rate year over year, compared to the prior forecast of 4% to 6% revenue growth. Upcoming Dividend • Dec 09
Upcoming dividend of US$1.45 per share Eligible shareholders must have bought the stock before 15 December 2025. Payment date: 06 January 2026. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Mexican dividend payers (6.2%). Lower than average of industry peers (3.1%). Aankondiging • Dec 06
FedEx Corporation to Report Q2, 2026 Results on Dec 18, 2025 FedEx Corporation announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Dec 18, 2025 Declared Dividend • Nov 24
First quarter dividend of US$1.45 announced Shareholders will receive a dividend of US$1.45. Ex-date: 15th December 2025 Payment date: 6th January 2026 Dividend yield will be 1.7%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 22
FedEx Corp. Declares a Quarterly Cash Dividend, Payable on January 6, 2026 The Board of Directors of FedEx Corp. declared a quarterly cash dividend of $1.45 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable January 6, 2026, to stockholders of record at the close
of business on December 15, 2025. Aankondiging • Oct 03
FedEx Corporation Elects Richard W. Smith as Director FedEx Corporation at its annual meeting of stockholders held on September 29, 2025, the stockholders elected Richard W. Smith as director. Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. Independent Director Silvia Lucia Kreimerman was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 19
First quarter 2026 earnings released: EPS: US$3.48 (vs US$3.25 in 1Q 2025) First quarter 2026 results: EPS: US$3.48 (up from US$3.25 in 1Q 2025). Revenue: US$22.2b (up 3.1% from 1Q 2025). Net income: US$824.0m (up 3.9% from 1Q 2025). Profit margin: 3.7% (in line with 1Q 2025). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year. Aankondiging • Sep 19
FedEx Corporation Provides Earnings Guidance for the Fiscal Year 2026 FedEx Corporation provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue growth of 4% to 6%. The top of this range assumes that current favorable trends in the U.S. Domestic segment continue, and the lower end assumes incremental pressure on U.S. demand, particularly in the second half of the fiscal year. On the international side, the top of the revenue range assumes the current level of international export revenue pressures continue through the rest of the fiscal year, while the lower end assumes an acceleration in these pressures. At FedEx Freight, The company expects revenue to be flat to up modestly year-over-year, depending largely on the market conditions in the second half of the year. Aankondiging • Sep 05
FedEx Corporation to Report Q1, 2026 Results on Sep 18, 2025 FedEx Corporation announced that they will report Q1, 2026 results at 3:00 PM, Central Standard Time on Sep 18, 2025 Upcoming Dividend • Sep 01
Upcoming dividend of US$1.45 per share Eligible shareholders must have bought the stock before 08 September 2025. Payment date: 01 October 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (3.3%). Aankondiging • Aug 19
FedEx Corporation, Annual General Meeting, Sep 29, 2025 FedEx Corporation, Annual General Meeting, Sep 29, 2025. Buy Or Sell Opportunity • Aug 19
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at Mex$4,270. The fair value is estimated to be Mex$5,346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period. Aankondiging • Aug 14
FedEx Corp. Appoints Vishal Talwar as Executive Vice President, Chief Digital and Information Officer, and President of FedEx Dataworks, Effective August 15, 2025 FedEx Corp. announced the appointment of Vishal Talwar, formerly senior managing director & chief growth officer of Accenture Technology, to executive vice president, chief digital and information officer of FedEx Corp., and president of FedEx Dataworks, effective August 15, 2025. With more than 27 years of experience in utilizing technology to drive growth, improve operational efficiency, and elevate customer experience, Talwar brings deep expertise in data science, digital infrastructure, and enterprise-scale transformation. His expertise lies in working with businesses to leverage the power of cloud, data, AI, and other technologies to increase business resiliency and accelerate digital capabilities to drive profitable growth. Before joining FedEx, he worked with companies including Accenture, IBM, and Dell Services. For nearly two years, he has been heavily engaged with FedEx’s digital transformation efforts through his work at Accenture. As CDIO and president of FedEx Dataworks, Talwar will drive the company’s digital transformation by leading strategic initiatives focused on developing innovative digital solutions powered by data and AI, advanced technology, robust enterprise architecture, and comprehensive cybersecurity measures. With this appointment, senior leaders of the Data and Technology and Dataworks organizations will report directly to Talwar. Declared Dividend • Aug 10
Fourth quarter dividend of US$1.45 announced Shareholders will receive a dividend of US$1.45. Ex-date: 8th September 2025 Payment date: 1st October 2025 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Aug 08
FedEx Corporation Declares Quarterly Dividend, Payable on October 1, 2025 The Board of Directors of FedEx Corp. declared a quarterly cash dividend of $1.45 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable October 1, 2025, to stockholders of record at the close of business on September 8, 2025. Buy Or Sell Opportunity • Jul 31
Now 24% undervalued Over the last 90 days, the stock has risen 1.6% to Mex$4,235. The fair value is estimated to be Mex$5,557, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period. Aankondiging • Jul 18
FedEx Corporation Announces Stepdown of Sriram Krishnasamy as Executive Vice President Chief Digital and Information Officer and Chief Transformation Officer, Effective July 17, 2025 On July 17, 2025, FedEx Corporation announced that FedEx and Sriram Krishnasamy have mutually agreed that, effective July 17, 2025, Mr. Krishnasamy will step down as the Company's Executive Vice President Chief Digital and Information Officer and Chief Transformation Officer. Mr. Krishnasamy will remain employed by the Company as an Executive Advisor until October 31, 2025, or such earlier date as agreed to by the Company and Mr. Krishnasamy. FedEx and Mr. Krishnasamy are finalizing the compensation and other terms regarding Mr. Krishnasamy's departure. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: US$16.84 (vs US$17.44 in FY 2024) Full year 2025 results: EPS: US$16.84 (down from US$17.44 in FY 2024). Revenue: US$87.9b (flat on FY 2024). Net income: US$4.09b (down 5.4% from FY 2024). Profit margin: 4.7% (down from 4.9% in FY 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Jun 23
FedEx Corporation Announces Board Changes On June 21, 2025, FedEx Corporation announced with deep sadness that Frederick W. Smith, the Company’s founder and Executive Chairman and Chairman of the FedEx Board of Directors, had passed away on June 21, 2025. In light of Mr. Smith’s passing, on June 23, 2025, the Board reduced the size of the Board to twelve members and elected R. Brad Martin, who previously served as Vice Chairman of the Board, as Chairman of the Board effective June 23, 2025. Mr. Martin will continue to serve as Chairman of the Audit and Finance Committee of the Board. Declared Dividend • Jun 16
Third quarter dividend of US$1.45 announced Shareholders will receive a dividend of US$1.45. Ex-date: 23rd June 2025 Payment date: 8th July 2025 Dividend yield will be 2.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jun 14
FedEx Corporation to Report Q4, 2025 Results on Jun 24, 2025 FedEx Corporation announced that they will report Q4, 2025 results at 3:00 PM, Central Standard Time on Jun 24, 2025 Aankondiging • Jun 10
FedEx Corporation Approves an Increase in the Annual Dividend Rate and Declares A Quarterly Cash Dividend, Payable on July 8, 2025 The Board of Directors of FedEx Corp. approved an increase in the annual dividend rate on FedEx Corp. common stock of 5%, or $0.28 per share, to $5.80 per share for fiscal 2026 in line with the company’s continued focus on delivering stockholder value. The Board also declared a quarterly cash dividend of $1.45 per share on FedEx Corp. common stock. The dividend is payable July 8, 2025 to stockholders of record at the close of business on June 23, 2025. New Risk • Jun 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risk High level of debt (54% net debt to equity). Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Mex$4,102, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Logistics industry globally. Total returns to shareholders of 7.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$5,329 per share. Reported Earnings • Mar 21
Third quarter 2025 earnings released: EPS: US$3.78 (vs US$3.56 in 3Q 2024) Third quarter 2025 results: EPS: US$3.78 (up from US$3.56 in 3Q 2024). Revenue: US$22.2b (up 1.9% from 3Q 2024). Net income: US$908.0m (up 3.4% from 3Q 2024). Profit margin: 4.1% (up from 4.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Upcoming Dividend • Mar 03
Upcoming dividend of US$1.38 per share Eligible shareholders must have bought the stock before 10 March 2025. Payment date: 01 April 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Mexican dividend payers (5.8%). Lower than average of industry peers (3.2%). Declared Dividend • Feb 17
Second quarter dividend of US$1.38 announced Shareholders will receive a dividend of US$1.38. Ex-date: 10th March 2025 Payment date: 1st April 2025 Dividend yield will be 1.5%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Feb 14
FedEx Corp. Declares Quarterly Dividend, Payable on April 1, 2025 The Board of Directors of FedEx Corp. declared a quarterly cash dividend of $1.38 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable April 1, 2025 to stockholders of record at the close of business on March 10, 2025. New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Share price has been volatile over the past 3 months (4.9% average weekly change). Recent Insider Transactions • Jan 10
Executive VP & CFO recently bought Mex$5.6m worth of stock On the 7th of January, John Dietrich bought around 1k shares on-market at roughly Mex$5,562 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 30
Independent Director recently bought Mex$1.9m worth of stock On the 26th of December, Amy Lane bought around 333 shares on-market at roughly Mex$5,566 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$54m more in shares than they bought in the last 12 months. Recent Insider Transactions • Dec 28
Independent Director recently bought Mex$1.9m worth of stock On the 26th of December, Amy Lane bought around 333 shares on-market at roughly Mex$5,566 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$54m more in shares than they bought in the last 12 months. Reported Earnings • Dec 20
Second quarter 2025 earnings released: EPS: US$3.05 (vs US$3.59 in 2Q 2024) Second quarter 2025 results: EPS: US$3.05 (down from US$3.59 in 2Q 2024). Revenue: US$22.0b (flat on 2Q 2024). Net income: US$739.0m (down 18% from 2Q 2024). Profit margin: 3.4% (down from 4.1% in 2Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Aankondiging • Dec 08
FedEx Corporation to Report Q2, 2025 Results on Dec 19, 2024 FedEx Corporation announced that they will report Q2, 2025 results at 3:00 PM, Central Standard Time on Dec 19, 2024 Upcoming Dividend • Dec 02
Upcoming dividend of US$1.38 per share Eligible shareholders must have bought the stock before 09 December 2024. Payment date: 03 January 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Mexican dividend payers (7.2%). Lower than average of industry peers (3.1%). Declared Dividend • Nov 18
First quarter dividend of US$1.38 announced Shareholders will receive a dividend of US$1.38. Ex-date: 9th December 2024 Payment date: 3rd January 2025 Dividend yield will be 1.3%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 15
FedEx Corporation Declares Quarterly Cash Dividend, Payable on January 3, 2025 The Board of Directors of FedEx Corp. declared a quarterly cash dividend of $1.38 per share on FedEx Corp. common stock, in line with the company’s continued focus on
delivering stockholder value. The dividend is payable January 3, 2025 to stockholders of record at the close of business on December 9, 2024. Buy Or Sell Opportunity • Sep 30
Now 23% overvalued Over the last 90 days, the stock has fallen 1.6% to Mex$5,387. The fair value is estimated to be Mex$4,397, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • Sep 20
First quarter 2025 earnings released: EPS: US$3.24 (vs US$4.29 in 1Q 2024) First quarter 2025 results: EPS: US$3.24 (down from US$4.29 in 1Q 2024). Revenue: US$21.6b (flat on 1Q 2024). Net income: US$794.0m (down 26% from 1Q 2024). Profit margin: 3.7% (down from 5.0% in 1Q 2024). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year. Buy Or Sell Opportunity • Sep 10
Now 21% undervalued Over the last 90 days, the stock has risen 20% to Mex$5,618. The fair value is estimated to be Mex$7,091, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.8%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 9.3% per annum over the same time period. Aankondiging • Aug 29
John Chevedden Files an Exempt Solicitation and Request Vote for the Proposal On August 26, 2024, John Chevedden filed an exempt solicitation statement and urged the shareholders to vote for the proposal#7; shareholder input on bylaw amendments. The bylaws of FedEx Corporation allow the board to amend the company bylaws at any time and in whatever way the board wishes. This proposal merely asks for shareholders to cast an advisory vote on any bylaw amendments, after the board has adopted those amendments. Declared Dividend • Aug 26
Fourth quarter dividend of US$1.38 announced Shareholders will receive a dividend of US$1.38. Ex-date: 9th September 2024 Payment date: 1st October 2024 Dividend yield will be 1.2%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Aug 20
Fedex Corporation Appoints Nick Gennari as President of Healthcare FedEx Corp. announced that Nick Gennari, senior vice president of sales, will assume leadership responsibilities for the Healthcare vertical and serve as president, global healthcare effective July 16. In this expanded role, Gennari will have leadership responsibilities for global healthcare sales and operations and will oversee a team that continues to create value-added physical and digital solutions for the unique and dynamic needs of healthcare customers. This appointment comes as the company has made significant strides expanding its healthcare portfolio to create innovative solutions that strengthen its support of healthcare customers around the world. Last month, the company opened its first European Life Sciences Center in the Netherlands. This state-of-the-art cooling facility is the sixth of its kind in the shipping giant's global network, offering end-to-end supply chain solutions for temperature-sensitive medical storage and transport. Additionally, the company is accelerating the rollout of FedEx Surround, a monitoring and intervention service that leverages extensive FedEx data and machine learning to provide customers enhanced proactive visibility of their critical shipments. Gennari joined FedEx in 1992 as an account executive. Throughout his tenure with the company, he has held numerous sales leadership roles in the U.S. and internationally with a focus across many areas, including healthcare, aerospace, industrial, and high-tech verticals. Most recently, he was responsible for overall sales execution and the long-term strategic direction of Global Sales' healthcare and commercial teams. Aankondiging • Aug 16
FedEx Corp. Declares Quarterly Dividend, Payable on October 1, 2024 The Board of Directors of FedEx Corp. declared a quarterly cash dividend of $1.38 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable October 1, 2024 to stockholders of record at the close of business on September 9, 2024. Buy Or Sell Opportunity • Aug 08
Now 22% undervalued Over the last 90 days, the stock has risen 20% to Mex$5,300. The fair value is estimated to be Mex$6,807, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.8%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Aankondiging • Jul 29
FedEx Corporation, Annual General Meeting, Sep 23, 2024 FedEx Corporation, Annual General Meeting, Sep 23, 2024. Recent Insider Transactions • Jul 19
Insider recently sold Mex$15m worth of stock On the 17th of July, Sriram Krishnasamy sold around 3k shares on-market at roughly Mex$5,494 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$27m. Insiders have been net sellers, collectively disposing of Mex$50m more than they bought in the last 12 months. Buy Or Sell Opportunity • Jul 04
Now 7.4% undervalued Over the last 90 days, the stock has risen 15% to Mex$5,300. The fair value is estimated to be Mex$5,721, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.0%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Recent Insider Transactions • Jul 02
Executive VP recently sold Mex$27m worth of stock On the 28th of June, Mark Allen sold around 5k shares on-market at roughly Mex$5,412 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$24m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to Mex$5,473, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Logistics industry globally. Total loss to shareholders of 1.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$6,030 per share. Buy Or Sell Opportunity • Jul 02
Now 9.2% undervalued Over the last 90 days, the stock has risen 20% to Mex$5,473. The fair value is estimated to be Mex$6,030, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.0%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 9.3% per annum over the same time period. Reported Earnings • Jun 27
Full year 2024 earnings released: EPS: US$17.26 (vs US$15.61 in FY 2023) Full year 2024 results: EPS: US$17.26 (up from US$15.61 in FY 2023). Revenue: US$87.7b (down 2.7% from FY 2023). Net income: US$4.33b (up 9.2% from FY 2023). Profit margin: 4.9% (up from 4.4% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. Buy Or Sell Opportunity • Jun 27
Now 34% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to Mex$5,346. The fair value is estimated to be Mex$3,979, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.0%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Aankondiging • Jun 26
FedEx Corporation Provides Earnings Guidance for the Year 2025 FedEx Corporation provided earnings guidance for the year 2025. The company expects a low-to-mid single-digit percent revenue growth year over year. Earnings per diluted share of $18.25 to $20.25 before the MTM retirement plans accounting adjustments and $20.00 to $22.00 after also excluding costs related to business optimization initiatives. These forecasts assume the company's current economic forecast and fuel price expectations, successful completion of the planned stock repurchases, and no additional adverse economic or geopolitical developments. FedEx’s ETR and earnings per share forecasts are based on current law and related regulations and guidance. Aankondiging • Jun 20
FedEx Corporation Announces Appointment of Karen Blanks Ellis as Chief Sustainability Officer, Effective July 1, 2024 FedEx Corporation announced appointment of Karen Blanks Ellis as chief sustainability officer, effective July 1, 2024. Ellis previously held the role of managing director, Strategic Environmental Management Sustainability at the company. Ellis will assume her new position at a pivotal time in the transformation story of the company and amid increasing global interest in corporate sustainability action. Ellis comes into the role with deep expertise across the business, engineering, and regulatory dimensions of environmental management-a powerful combination for navigating the challenges and opportunities of building a more sustainable logistics network. Aankondiging • Jun 15
FedEx Corporation to Report Q4, 2024 Results on Jun 25, 2024 FedEx Corporation announced that they will report Q4, 2024 results on Jun 25, 2024 Aankondiging • Apr 27
FedEx Corporation Appoints Erwin to Serve as Chief Accounting Officer, Effective May 1, 2024 On October 13, 2023, FedEx Corporation that Guy M. Erwin II had been appointed to serve as Interim Principal Accounting Officer of FedEx beginning on October 21, 2023. On April 26, 2024, the Board of Directors of FedEx appointed Mr. Erwin to serve as the Company’s Corporate Vice President – Chief Accounting Officer, effective May 1, 2024. Mr. Erwin, 47, has served as Interim Principal Accounting Officer of the Company since October 21, 2023 and Staff Vice President and Corporate Controller of the Company since September 2021. He was Director – Accounting of FedEx Corporate Services Inc. from 2017 to 2021. Prior to that, he held various positions in the finance organization at FedEx from 2001 through 2017, including Staff Director – Financial Reporting from 2013 to 2017. In connection with his appointment as the Company’s Corporate Vice President – Chief Accounting Officer, Mr. Erwin will receive a promotional bonus, continue receiving a base salary, and be eligible to participate in the Company’s annual incentive compensation plans and long-term incentive plans and receive stock options and restricted stock awards under the FedEx Corporation 2019 Omnibus Incentive Stock Plan, at levels commensurate with other similarly situated persons at the Company. Additional details regarding the Company’s annual incentive compensation plans and long-term incentive plans are described beginning on page 48 of the Company’s 2023 Proxy Statement filed with the Securities and Exchange Commission on August 10, 2023. Recent Insider Transactions • Mar 29
Insider recently sold Mex$1.7m worth of stock On the 28th of March, Sriram Krishnasamy sold around 354 shares on-market at roughly Mex$4,809 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought Mex$4.1m more than they sold in the last 12 months. Reported Earnings • Mar 22
Third quarter 2024 earnings released: EPS: US$3.55 (vs US$3.07 in 3Q 2023) Third quarter 2024 results: EPS: US$3.55 (up from US$3.07 in 3Q 2023). Revenue: US$21.7b (down 1.9% from 3Q 2023). Net income: US$879.0m (up 14% from 3Q 2023). Profit margin: 4.0% (up from 3.5% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Aankondiging • Mar 12
FedEx Corporation Announces Board Changes On March 11, 2024, FedEx Corporation announced that Robert B. Carter will step down as Executive Vice President, FedEx Information Services and Chief Information Officer, effective June 30, 2024, and will retire from FedEx effective December 31, 2024. Mr. Carter will remain employed by FedEx as Executive Vice President and Senior Advisor from July 1, 2024 through December 31, 2024. There were no changes to Mr. Carter’s compensation made as a result of his change in role and retirement. On March 11, 2024, FedEx also announced that Sriram Krishnasamy will become Executive Vice President - Chief Digital and Information Officer-Elect and Chief Transformation Officer effective March 11, 2024 and Executive Vice President - Chief Digital and Information Officer and Chief Transformation Officer effective July 1, 2024. In these roles, Mr. Krishnasamy will continue to lead FedEx Dataworks. Aankondiging • Mar 09
FedEx Corporation to Report Q3, 2024 Final Results on Mar 21, 2024 FedEx Corporation announced that they will report Q3, 2024 final results on Mar 21, 2024 Buy Or Sell Opportunity • Mar 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.5% to Mex$4,205. The fair value is estimated to be Mex$5,286, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Upcoming Dividend • Mar 01
Upcoming dividend of US$1.26 per share Eligible shareholders must have bought the stock before 08 March 2024. Payment date: 01 April 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Mexican dividend payers (6.6%). Lower than average of industry peers (3.1%). Declared Dividend • Feb 26
Second quarter dividend of US$1.26 announced Shareholders will receive a dividend of US$1.26. Ex-date: 8th March 2024 Payment date: 1st April 2024 Dividend yield will be 1.6%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Feb 16
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to Mex$3,928. The fair value is estimated to be Mex$5,018, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Aankondiging • Feb 16
FedEx Corporation Declares Quarterly Dividend, Payable April 1, 2024 The Board of Directors of FedEx Corporation declared a quarterly cash dividend of $1.26 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable April 1, 2024 to stockholders of record at the close of business on March 11, 2024. Aankondiging • Jan 14
FedEx Corp. Announces First-Of-Its-Kind Data-Driven Commerce Platform FedEx Corp. announced fdx, the first data-driven commerce platform that connects the entire customer journey — making it easier for companies to grow demand, increase conversion, optimize fulfillment, and streamline returns. FedEx is the only logistics company to connect the entire customer journey by offering end-to-end e-commerce solutions for businesses of all sizes – all in one platform. By providing data and insights that improve visibility and connected capabilities across the customer journey, fdx will help merchants make more strategic logistics decisions from point of demand to delivery and returns. The official launch of the platform is planned for fall 2024. The fdx platform is currently available as a private preview [upon request] and businesses interested in learning more can sign up here. From January 14 through January 16, NRF 2024: Retail’s Big Show attendees can also visit booth #3674, which will feature an fdx preview. The platform brings together existing and new FedEx capabilities for customers. The following digital capabilities are available to help merchants: Grow consumer demand. Connect with high-value customers through the ShopRunner member network. Increase conversion. Share estimated delivery dates and time window updates throughout the shopping experience – on product pages, in cart, and at checkout to increase delivery transparency and encourage conversion. Improve visibility and control of shipments. See shipments in near real time to make informed decisions and manage risk through FedEx Surround. Understand carbon emissions impact. Access detailed carbon emissions data through FedEx Sustainability Insights to help make more sustainable supply chain decisions. Streamline returns. Streamline, configure, and manage digital front-end return experiences, data exchange, and physical transportation for returns in one platform. Additional digital capabilities that will be part of the fdx launch this fall: Optimize order fulfillment. Integrate real-time FedEx network insights into order management systems. This will help surface optimal shipping routes and speeds for more efficient, cost-effective deliveries. Create a custom post-purchase experience. Match brand standards from order tracking to returns. This capability will provide transparency with delivery dates and accurate shipment updates. Recent Insider Transactions • Dec 30
Executive VP & CFO recently bought Mex$4.3m worth of stock On the 28th of December, John Dietrich bought around 1k shares on-market at roughly Mex$4,258 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Aankondiging • Dec 23
FedEx Corporation Elects Silvia Davila to the Board of Directors FedEx Corporation announced that Silvia Davila has been elected to the FedEx Board of Directors. Ms. Davila serves as the regional president of Latin America for Danone S.A., where she is responsible for leading operations in Mexico and for all categories in the Latin America region. She brings vast experience in leading financial and digital transformations to achieve sustained growth, as well as promoting diversity and inclusion and leveraging innovation for ESG agendas. Prior to Danone, Ms. Davila served as the vice president and global food chief marketing officer at Mars Belgium. She has held various leadership roles at Mars, Procter & Gamble, and McDonald’s. Ms. Davila will serve on the Compensation and Human Resources and Cyber and Technology Oversight Committees. Following Ms. Davila’s appointment, the FedEx Board of Directors consists of 14 directors, 12 of whom are independent. Reported Earnings • Dec 21
Second quarter 2024 earnings released: EPS: US$3.59 (vs US$3.08 in 2Q 2023) Second quarter 2024 results: EPS: US$3.59 (up from US$3.08 in 2Q 2023). Revenue: US$22.2b (down 2.8% from 2Q 2023). Net income: US$900.0m (up 14% from 2Q 2023). Profit margin: 4.1% (up from 3.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Aankondiging • Dec 20
FedEx Corporation Revises Earnings Guidance for the Fiscal Year 2024 FedEx Corporation revises earnings guidance for the fiscal year 2024. For the year, the company expects A low-single-digit percentage decline in revenue year over year, compared to the prior forecast of approximately flat revenue growth; Earnings per diluted share of $15.35 to $16.85 before the MTM retirement plans accounting adjustments, compared to the prior forecast of $15.10 to $16.60 per diluted share; Earnings per diluted share of $17.00 to $18.50 before the MTM retirement plans accounting adjustments after also excluding costs related to business optimization initiatives. Upcoming Dividend • Dec 01
Upcoming dividend of US$1.26 per share at 1.9% yield Eligible shareholders must have bought the stock before 08 December 2023. Payment date: 02 January 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Mexican dividend payers (7.1%). Lower than average of industry peers (3.0%). Aankondiging • Nov 18
Fedex Corp. Declares Quarterly Dividend, Payable January 2, 2024 The Board of Directors of FedEx Corp. declared a quarterly cash dividend of $1.26 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable January 2, 2024 to stockholders of record at the close of business on December 11, 2023. New Risk • Nov 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Share price has been volatile over the past 3 months (5.0% average weekly change). Aankondiging • Oct 19
FedEx Corporation Announces Executive Changes FedEx Corporation announced that Jennifer L. Johnson, Principal Accounting Officer has resigned from her position with the Company effective October 20, 2023. The Board of Directors of FedEx has appointed Guy M. Erwin II to serve as the Company’s Interim Principal Accounting Officer beginning on October 21, 2023, until the appointment of Ms. Johnson’s permanent successor. Mr. Erwin, 47, will continue to serve as Staff Vice President and Corporate Controller of the Company, a position he has held since September 2021. Mr. Erwin was Director – Accounting of FedEx Corporate Services Inc. from 2017 to 2021. Prior to that, he held various positions in the finance organization at FedEx from 2001 through 2017, including Staff Director – Financial Reporting from 2013 to 2017. Buying Opportunity • Oct 14
Now 21% undervalued Over the last 90 days, the stock is up 1.9%. The fair value is estimated to be Mex$5,565, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 11% per annum over the same time period. Reported Earnings • Sep 21
First quarter 2024 earnings released: EPS: US$4.28 (vs US$3.38 in 1Q 2023) First quarter 2024 results: EPS: US$4.28 (up from US$3.38 in 1Q 2023). Revenue: US$21.7b (down 6.7% from 1Q 2023). Net income: US$1.08b (up 23% from 1Q 2023). Profit margin: 5.0% (up from 3.8% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Global Logistics industry. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Aankondiging • Sep 21
Fedex Corporation Revises Earnings Guidance for the Year 2024 FedEx Corporation revised earnings guidance for the year 2024. For the year, the company revised approximately flat revenue year over year, compared to the prior forecast of flat to low-single-digit-percent revenue growth. Earnings per diluted share of $15.10 to $16.60 before the MTM retirement plans accounting adjustments, compared to the prior forecast of $15.00 to $17.00. Earnings per diluted share of $17.00 to $18.50 before the MTM retirement plans accounting adjustments after also excluding costs related to business optimization initiatives, compared to the prior forecast of $16.50 to $18.50.