FedEx Freight | FedEx earnings report expected 9/20/23

[No F-bdy Bs]

79. That’s well above maximum bonus level. Of course we have to do well this quarter as well. We only need about 10% profit this quarter for a good enough average to get maximum bonus level in January.

I'm sure it's me, but the OM was 79?
I still can't find any official #s.

 

[driver#1709]

I'm sure it's me, but the OM was 79?
I still can't find any official #s.

No it's not just you I've been to all the usual sites that report on FedEx numbers plenty of Express ground and that our revenue was down 26% but no standalone mention of us

 

[nakedmongoose1]

Quarterly results | FedEx

Get the latest earnings releases, 10-Qs, webcasts, stat book, and more.

investors.fedex.com

operating margin 21.0% page 15 of 15 of the pdf

 

[No F-bdy Bs]

Quarterly results | FedEx

Get the latest earnings releases, 10-Qs, webcasts, stat book, and more.

investors.fedex.com

operating margin 21.0% page 15 of 15 of the pdf

Cool, thanks.
Given that 21%, wouldn't ya'll still be eligible for the max bonus even if this quarter shows a 0%, averaging out to 11% overall?

 

[Boats n hoes]

Cool, thanks.
Given that 21%, wouldn't ya'll still be eligible for the max bonus even if this quarter shows a 0%, averaging out to 11% overall?

I think so. I don't remember what the threshold was. Something over 7% right? Can't remember

 

[Crazy Trucker]

Sweet potatoes we are getting screwed. With the bs raise and the increase in insurance premiums, what the hell can we expect when that high OR goes away. They need to fix this :: and quit screwing us.

 

[screweddaily]

Cool, thanks.
Given that 21%, wouldn't ya'll still be eligible for the max bonus even if this quarter shows a 0%, averaging out to 11% overall?

The bonus starts at 5% OM and tops out at 15% and above

 

[screweddaily]

79. That’s well above maximum bonus level. Of course we have to do well this quarter as well. We only need about 10% profit this quarter for a good enough average to get maximum bonus level in January.

Considering the freight rate increase going into affect is about double the percentage our wage increase, that shouldn't be a problem

 

[nasvegas]

Sweet potatoes we are getting screwed. With the bs raise and the increase in insurance premiums, what the hell can we expect when that high OR goes away. They need to fix this :::::: and quit screwing us.

Can i throw gas on the fire?

FedEx said adjusted earnings for the three months ending in August, the group's fiscal fourth quarter, came in at $4.55 per share, a 32.3% leap from the same period last year that was well ahead of the Street consensus forecast of $3.74 per share.

 

[SwampRatt]

I think so. I don't remember what the threshold was. Something over 7% right? Can't remember

 

[SwampRatt]

Probably the most detailed report out there - Form 10-Q - Freight shows on page 35 of this repoort.

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001048911/464d631e-4d60-4fdb-b704-b2385478fb17.pdf

 

[Crazy Trucker]

Can i throw gas on the fire?

FedEx said adjusted earnings for the three months ending in August, the group's fiscal fourth quarter, came in at $4.55 per share, a 32.3% leap from the same period last year that was well ahead of the Street consensus forecast of $3.74 per share.

I don't think it needs anymore fuel, it's already a dumpster fire with a meth lab inside.

 

[The Point]

Long overdue to add to the bottom of the chart. Need a 18% & 21% payout level.