FedEx Freight | Fedex Earnings Preview: Expectations Are Low, But...

[SwampRatt]

FedEx earnings preview:

https://seekingalpha.com/article/42...-expectations-low-comparisons-get-easier?dr=1

"FDX management guided lower for Express and Ground margins in fiscal Q4 '19 (May 31 '19), so the bar has been lowered for 2020."

Related:

FedEx Q1 FY20 Earnings Call
September 17, 2019 05:30 PM ET

http://investors.fedex.com/news-and...2019/FedEx-Q1-FY20-Earnings-Call/default.aspx

"Our press release for earnings will be available approximately 1 hour and 15 minutes prior to our earnings call webcast. A link for the webcast will be available on our website prior to the event.

Q1 FY20 Earnings Release
Date and Time Tuesday, September 17, 2019 4:15 p.m. ET"


If someone in the class would like to step up and share the important details, that would be awesome. Otherwise, patience grasshoppers. I'm unlikely to have time today.

 

[No F-bdy Bs]

Holy frickin Doom and Gloom article!

I'd expect that NOW they'll officially release the raise (lack of) amount.

 

[No F-bdy Bs]

Also, a bit of that is inaccurate.
Fx never fears higher gas prices. To the contrary, they make quite a deal more when oil prices are up

 

[Rooks93]

Which equates to low or zero raises.

 

[Streaker69]

I said all of this over the weekend and cited all the same reasons. I got guff for being new and accused of being management trying to stop raises. It's clear if you look at it objectively and you know what's going on in the world outside of Fedex.

 

[RickSanchez]

 

[Rooks93]

I said all of this over the weekend and cited all the same reasons. I got guff for being new and accused of being management trying to stop raises. It's clear if you look at it objectively and you know what's going on in the world outside of Fedex.

Career changes on

Earnings down 7%, and 2020 outlook is bleak. Yeah, no raise coming.

 

[truckinbuddy]

Career changes on

Earnings down 7%, and 2020 outlook is bleak. Yeah, no raise coming.

So they made 17 billion and they are acting like it's dooms day? Shouldn't the tax cuts make up the difference?

 

[SwampRatt]

Career changes on

Earnings down 7%, and 2020 outlook is bleak. Yeah, no raise coming.

Not so fast... Margin UP 1.2%.

The rest of the story:

http://investors.fedex.com/news-and...p-Reports-First-Quarter-Earnings/default.aspx

Operating margin 10.2%. Up 1.2 pts over last year (Three Months Ended August 31)

That my friends, is a DOUBLE DIGIT margin. The long stated goal. Certainly no cause for a beating. We're going the job, and getting it done...

 

[SwampRatt]

Appreciate you stepping up & posting the important part.

Thank you again, Luis7!

 

[mattbob]

Not so fast... Margin UP 1.2%.

The rest of the story:

http://investors.fedex.com/news-and...p-Reports-First-Quarter-Earnings/default.aspx

Operating margin 10.2%. Up 1.2 pts over last year (Three Months Ended August 31)

That my friends, is a DOUBLE DIGIT margin. The long stated goal. Certainly no cause for a beating. We're going the job, and getting it done...

those numbers look good as far as FREIGHT is concerned

 

[Purple Haze]

Career changes on

Earnings down 7%, and 2020 outlook is bleak. Yeah, no raise coming.

I would like to know who the person that is in charge of the TNT accusing. 1 year and 800 MILLION OVER BUDGET. Did this person get a raise or a have the Insurance go up?

 

[Redracer3136]

I would like to know who the person that is in charge of the TNT accusing. 1 year and 800 MILLION OVER BUDGET. Did this person get a raise or a have the Insurance go up?

TNT’s was “significantly affected” after cyberattacks unleashed a virus into their computer systems shortly after FedEx acquired them...the tax windfall went mostly to repair/replace their systems.

https://www.washingtonpost.com/news...x-delivery-unit-hit-by-worldwide-cyberattack/

 

[Crazy Trucker]

TNT’s was “significantly affected” after cyberattacks unleashed a virus into their computer systems shortly after FedEx acquired them...the tax windfall went mostly to repair/replace their systems.

https://www.washingtonpost.com/news...x-delivery-unit-hit-by-worldwide-cyberattack/

blah blah blah we have heard that from management already don't need the company clown to reapeat it. I don't believe it for one minute that they spent billions to fix the problem come on. Btw just last month you said they spent the tax windfall suring up the Express downfalls. So which is it flip flopper?