FedEx delivered a strictly mediocre quarterly result which has resulted in a massive selloff with the stock price trading close to its 52-week low. The company’s revenues were not the problem as it saw inflows from increased international export and growth in U.S. domestic package volume and price increases. FedEx saw an increment of 14% in revenues per package and a 38% jump in freight revenues. However, the biggest dampener for FedEx during the quarter which led to the selloff was the supply c ....
05 Oct 2021
FedEx Corporation - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21
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FedEx Corporation - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21
- Published:
05 Oct 2021 -
Author:
Ishan Majumdar -
Pages:
14 -
FedEx delivered a strictly mediocre quarterly result which has resulted in a massive selloff with the stock price trading close to its 52-week low. The company’s revenues were not the problem as it saw inflows from increased international export and growth in U.S. domestic package volume and price increases. FedEx saw an increment of 14% in revenues per package and a 38% jump in freight revenues. However, the biggest dampener for FedEx during the quarter which led to the selloff was the supply c ....