Transportation
Transports Ready to Key Off Of FedEx Earnings (FDX, UPS)
Published:
Last Updated:
On Thursday morning, we’ll have earnings from FedEx Corp. (NYSE:FDX). First Call pegs estimates at $1.54 EPS on revenues of $9.07 Billion, and the next quarter is expected to show earnings of $1.97 EPS on revenues of $9.45 Billion.
This will be a key stock to watch in Transports as FedEx has become one of the more key transportation stocks. The most directly tied is UPS (NYSE:UPS). So far the market managed to shrug off the negative news from Knight Transport (NYSE:KNX) after it warned, at least YRC Worldwide Inc. (NASDAQ:YRCW) are up 1.5% at $29.56. Our other BAIT SHOP Pick from the Special Situation Investing Newsletter, Old Dominion Freight Line Inc. (NASDAQ:ODFL) shares are down 2% at $26.80 on the day.
Shares of FedEx are down 1.3% with 20 minutes to go to the market close Wednesday at $107.54, still in the lower-half of its 52-week trading range of $99.30 to $121.42.
Jon C. Ogg
September 19, 2007
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
