|Bid||228.78 x 1400|
|Ask||228.38 x 1000|
|Day's range||226.73 - 242.25|
|52-week range||192.82 - 302.65|
|Beta (5Y monthly)||1.32|
|PE ratio (TTM)||12.69|
|Earnings date||16 Mar 2022 - 21 Mar 2022|
|Forward dividend & yield||3.00 (1.42%)|
|Ex-dividend date||04 Mar 2022|
|1y target est||290.15|
MEMPHIS, Tenn., June 29, 2022--FedEx Corp. (NYSE: FDX) is hosting an investors meeting today where President and Chief Executive Officer Raj Subramaniam and the FedEx leadership team will present a strategic plan to deliver more value for customers, stockholders, and team members. FedEx will also outline its fiscal 2025 financial targets.
LOS ANGELES (Reuters) -FedEx Corp said on Wednesday it expected adjusted profit to grow in double digits through 2025, as the global shipping firm looks to benefit from its strategy of delivering packages that bring in more money. The company, which has been under pressure from an activist investor and delivery contractors, said it expects adjusted earnings per share to grow at an average annualized growth rate of 14% to 19% between now and 2025, and revenue to grow 4% to 6%. FedEx last week reported fiscal 2022 adjusted profit of $20.61 per share and revenue of $93.5 billion.
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