Best Transportation Companies To Invest In 2015: FedEx Corporation(FDX)
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The FedEx Express segment offers various shipping services for the delivery of packages and freight. This segment also provides international trade services specializing in customs brokerage, and ocean and air freight forwarding services; customs clearance services, as well as global trade data, an information tool that allows customers to track and manage imports; and international trade advisory services, including assistance with the customs-trade partnership against terrorism program, as well as publishes customs duty and tax information in various customs areas. In addition, it offers supply chain solutions, including critical inventory logistics, transportation management, fulfillment, and fleet services. The FedEx Ground segment provides business and reside ntial ground package delivery services. It primarily serves customers in the small-package market in North America. The FedEx Freight segment offers less-than-truckload freight services, as well as freight-shipping services. As of May 31, 2010, this segment operated approximately 60,000 vehicles and trailers from a network of 492 service centers. The FedEx Services segment provides sales, marketing, information technology support, and customer service support services; and access to copying and digital printing through retail and Web-based platforms, signs and graphics, professional finishing, computer rentals, and a range of ground shipping and time-definite express shipping services. The company was founded in 1971 and is headquartered in Memphis, Tennessee.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Andrew Harrer/Bl! oomberg via Getty Images MEMPHIS, Tenn. -- FedEx's fiscal first-quarter net income rose 24 percent, thanks partly to a strong performance by its ground division. Its results beat analyst estimates. The stock climbed before the market open Wednesday. FedEx (FDX) is getting a boost from the growth in online shopping, which generates strong business in ground shipments. That helps to offset some sluggishness in FedEx's core express-delivery unit. The package delivery company earned $606 million, or $2.10 a share, for the three months ended Aug. 31. That's up from $489 million, or $1.53 a share, a year ago. Analysts surveyed by FactSet expected earnings of $1.96 a share. Aside from the strong performance of FedEx Ground, Chairman, President and CEO Frederick Smith said in a statement that the Memphis, Tennessee, company's results were also bolstered by solid volume and revenue increases at its freight division and healthy growth in U.S. domestic volume at FedEx Express. Revenue climbed 6 percent to $11.68 billion, topping Wall Street's estimate of $11.48 billion. Revenue for FedEx Freight surged 13 percent. FedEx Ground's revenue rose 8 percent, while revenue for FedEx Express increased 4 percent. FedEx maintained its guidance for fiscal 2015 earnings between $8.50 and $9 a share. Analysts predict earnings of $8.84 a share. The announcement of the company's financial results comes one day after FedEx said that it will raise U.S. rates for express, ground and home-delivery shipments by an average of 4.9 percent in January. It said that rates would also change for FedEx SmartPost, which uses the U.S. Postal Service for final delivery, although it didn't say how much. The express increase will apply to deliveries in, to or from the U.S. FedEx Freight will also boost prices an average of 4.9 percent within North America. Also starting Jan. 5: New pricing that gives more emphasis to dimensions for lightweight ground-shipping packages. Share
- [By Asit Sharma]
FedEx Corporation ! (NYSE: F! DX ) launched a new fiscal year in June, and reports its fiscal first-quarter 2015 earnings on Wednesday. The company's stock has rewarded investors generously over the last 12 months, appreciating more than 38% versus the S&P 500 index return of 18.25%. Year to date, the global shipper has seen more tepid stock movement, gaining 6% versus the S&P's return of 8%. Below are three keys to the company's upcoming earnings report that are also relevant to the new fiscal year.
- [By Laura Brodbeck]
Next week, investors will be waiting for several key earnings reports, including FedEx Corporation (NYSE: FDX), Oracle Corporation (NASDAQ: ORCL), Rite Aid Corporation (NYSE: RAD) and ConAgra Food, Inc. (NYSE: CAG).
source from Top Stocks For 2015:http://www.topstocksblog.com/best-transportation-companies-to-invest-in-2015-3.html
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