Analysts: FedEx on steam for record sales

Tomorrow FedEx will report her past quarter's results. Based on the analyst expectation both the revenue and the net profit would be on all time high levels. For this year the consensus of the revenue equals 59,97 million dollars. The expectations of the revenue would mean a record revenue for the company. This is hugely more than the 2015's revenue of 50,37 billion dollars.

Historical revenues and results FedEx plus taxations 2016

For 2016 the analysts estimate a record net profit of 3,23 billion dollars. For this year the analyst's consensus of FedEx 's result per share is a profit of 12,14 dollars. With these estimates the PE-ratio equals 16,18.

The average of the dividends estimates is at 1,6 dollars. The dividend yield consequently equals 0,81 percent. The average dividend yield of the transport / logistic sector equals 1,49 percent.

Based on the number of outstanding shares FedEx 's market capitalization equals 52,17 billion dollars.

The stock closed last Friday at 196,48 dollars.

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.