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26.06.2024 08:42:41 - dpa-AFX: ROUNDUP: Fedex begeistert mit Gewinnprognose und erwogener Abspaltung
MEMPHIS (dpa-AFX) - Der Logistik-Konzern Fedex hat mit seinem
Ausblick bei Experten für Erstaunen und Anlegern für Begeisterung gesorgt. Der
DHL-Konkurrent rechnet für das Geschäftsjahr 2024/25 (bis Ende
Mai) beim bereinigten Gewinn je Aktie mit 20 bis 22 US-Dollar, wie das
Unternehmen am Dienstag nach US-Börsenschluss in Memphis mitteilte. Analysten
hatten bisher im Schnitt 20,85 Dollar erwartet. Beim Umsatz kalkuliert Fedex mit
einem Plus im niedrigen bis mittleren einstelligen Prozentbereich. Im
nachbörslichen Handel sprangen die Fedex-Aktien in der Spitze um mehr als 16
Prozent nach oben.
Fedex versucht, sich mit massiven Kosteneinsparungen inklusive Stellenabbau
gegen die schleppende Nachfrage nach Logistikleistungen zu stemmen. Im neuen
Geschäftsjahr will der Logistiker 2,2 Milliarden Dollar (rund 2,1 Mrd Euro)
weniger ausgeben. Außerdem denkt Fedex über eine Abspaltung seines
Frachtgeschäfts nach. Das Management prüfe die Rolle der Sparte im Portfolio.
Laut Fedex-Chef Raj Subramaniam sei der Prozess in Gange, Details nannte er
nicht.
Mit einer Abspaltung des Frachtgeschäfts könnte Fedex enormen Wert schöpfen, schrieb Barclays-Analyst Brandon Oglenski in einer ersten Reaktion. Das Segment
sei nur mau gewachsen. Obendrein seien die Ergebnisse des vierten
Geschäftsquartals so gut gewesen, wie man es sich nur wünschen konnte in einem
nicht perfekten Konjunkturumfeld.
Im abgelaufenen Geschäftsjahr war der Konzernerlös von Fedex um knapp ein
Prozent auf 22,1 Milliarden Dollar gestiegen. Der Gewinn sank allerdings trotz
der Sparbemühungen um 4,5 Prozent auf 1,47 Milliarden Dollar. Im neuen
Geschäftsjahr will Fedex eigene Aktien im Wert von 2,5 Milliarden Dollar
zurückkaufen. Eine Erhöhung der jährlichen Dividende um 0,48 auf 5,52 Dollar je
Aktie war bereits bekannt./he/niw/ngu
-----
PM:
https://s21.q4cdn.com/665674268/files/doc_financials/2024/q4/FedEx-Q4-FY24-Earnings-Release.pdf
(Bloomberg) -- FedEx Corp. forecast profit above Wall Street's expectations and
said it would buy back $2.5 billion of its stock over the next year, lifting its
shares on signs that a sweeping plan to reorganize and cut costs was taking
hold.
Adjusted earnings in the 2025 fiscal year will be $20 to $22 a share, the
company said Tuesday in a statement that also detailed results for fourth
quarter. The midpoint topped the $20.85 average of analysts' estimates compiled
by Bloomberg. Revenue will grow in the low-to-mid single-digit percentage for
the period.
FedEx also hinted at a possible divestiture of its freight business, saying it's
assessing the unit's place in the company's portfolio. Operating results at
FedEx Freight increased in the fourth quarter because of higher yield and
effective cost management, according to the statement. In a conference call with
analysts Tuesday evening, Chief Executive Officer Raj Subramaniam declined to
provide more detail on why it's reviewing the unit, adding that the process is
already "well underway."
The company could be looking to take advantage of value in the
less-than-truckload market with a sale, according to Bloomberg Intelligence
logistics analyst Lee Klaskow. Those carriers are trading at a "significant"
premium compared to the parcel industry and overall market, he said.Â
"It looks like they're just trying to unlock that value," said Klaskow.
Subramaniam is in the process of consolidating the Express, Ground and Services
units, a fundamental shift from the two-network system it has operated for
decades. The Express segment has been particularly hard hit by slumping demand
as inflation-stung customers opt to ship via ground instead of air.
Stock Surges
FedEx's shares jumped 14% as of 6:50 p.m. after regular trading in New York. If
the gain holds into the regular trading session, it would be FedEx's biggest
advance in about two years.
The Memphis-based courier has been working to reduce costs across the
organization, including shrinking the workforce by tens of thousands of workers.
The latest announcement came earlier this month when the company said it plans
to reduce its headcount in Europe by as many as 2,000 jobs.
FedEx said Tuesday that it expects $2.2 billion of permanent cost reductions in
this fiscal year.
"We are firmly on track to achieve our cost savings target," Subramaniam said on
a conference call with analysts.
Profit Beat
The company reported earnings per share of $5.41 for the quarter that ended May
31, which beat analyst expectations of $5.34. Revenue of $22.1 billion was in
line with estimates.
The company's Ground segment reported a 1.2% uptick in average daily volume year
over year, in line with estimates, indicating a slowdown in the decline of
parcel shipping. Strengthening demand could signal a return to more balanced
consumer spending that shifted heavily toward services and away from goods in
the wake of pandemic restrictions.
Subramaniam said in the statement that the figures show its cost-cutting efforts
are working, calling the results "unprecedented in this current environment."
Ausblick bei Experten für Erstaunen und Anlegern für Begeisterung gesorgt. Der
DHL-Konkurrent
Mai) beim bereinigten Gewinn je Aktie mit 20 bis 22 US-Dollar, wie das
Unternehmen am Dienstag nach US-Börsenschluss in Memphis mitteilte. Analysten
hatten bisher im Schnitt 20,85 Dollar erwartet. Beim Umsatz kalkuliert Fedex mit
einem Plus im niedrigen bis mittleren einstelligen Prozentbereich. Im
nachbörslichen Handel sprangen die Fedex-Aktien in der Spitze um mehr als 16
Prozent nach oben.
Fedex versucht, sich mit massiven Kosteneinsparungen inklusive Stellenabbau
gegen die schleppende Nachfrage nach Logistikleistungen zu stemmen. Im neuen
Geschäftsjahr will der Logistiker 2,2 Milliarden Dollar (rund 2,1 Mrd Euro)
weniger ausgeben. Außerdem denkt Fedex über eine Abspaltung seines
Frachtgeschäfts nach. Das Management prüfe die Rolle der Sparte im Portfolio.
Laut Fedex-Chef Raj Subramaniam sei der Prozess in Gange, Details nannte er
nicht.
Mit einer Abspaltung des Frachtgeschäfts könnte Fedex enormen Wert schöpfen, schrieb Barclays-Analyst Brandon Oglenski in einer ersten Reaktion. Das Segment
sei nur mau gewachsen. Obendrein seien die Ergebnisse des vierten
Geschäftsquartals so gut gewesen, wie man es sich nur wünschen konnte in einem
nicht perfekten Konjunkturumfeld.
Im abgelaufenen Geschäftsjahr war der Konzernerlös von Fedex um knapp ein
Prozent auf 22,1 Milliarden Dollar gestiegen. Der Gewinn sank allerdings trotz
der Sparbemühungen um 4,5 Prozent auf 1,47 Milliarden Dollar. Im neuen
Geschäftsjahr will Fedex eigene Aktien im Wert von 2,5 Milliarden Dollar
zurückkaufen. Eine Erhöhung der jährlichen Dividende um 0,48 auf 5,52 Dollar je
Aktie war bereits bekannt./he/niw/ngu
-----
PM:
https://s21.q4cdn.com/665674268/files/doc_financials/2024/q4/FedEx-Q4-FY24-Earnings-Release.pdf
(Bloomberg) -- FedEx Corp. forecast profit above Wall Street's expectations and
said it would buy back $2.5 billion of its stock over the next year, lifting its
shares on signs that a sweeping plan to reorganize and cut costs was taking
hold.
Adjusted earnings in the 2025 fiscal year will be $20 to $22 a share, the
company said Tuesday in a statement that also detailed results for fourth
quarter. The midpoint topped the $20.85 average of analysts' estimates compiled
by Bloomberg. Revenue will grow in the low-to-mid single-digit percentage for
the period.
FedEx also hinted at a possible divestiture of its freight business, saying it's
assessing the unit's place in the company's portfolio. Operating results at
FedEx Freight increased in the fourth quarter because of higher yield and
effective cost management, according to the statement. In a conference call with
analysts Tuesday evening, Chief Executive Officer Raj Subramaniam declined to
provide more detail on why it's reviewing the unit, adding that the process is
already "well underway."
The company could be looking to take advantage of value in the
less-than-truckload market with a sale, according to Bloomberg Intelligence
logistics analyst Lee Klaskow. Those carriers are trading at a "significant"
premium compared to the parcel industry and overall market, he said.Â
"It looks like they're just trying to unlock that value," said Klaskow.
Subramaniam is in the process of consolidating the Express, Ground and Services
units, a fundamental shift from the two-network system it has operated for
decades. The Express segment has been particularly hard hit by slumping demand
as inflation-stung customers opt to ship via ground instead of air.
Stock Surges
FedEx's shares jumped 14% as of 6:50 p.m. after regular trading in New York. If
the gain holds into the regular trading session, it would be FedEx's biggest
advance in about two years.
The Memphis-based courier has been working to reduce costs across the
organization, including shrinking the workforce by tens of thousands of workers.
The latest announcement came earlier this month when the company said it plans
to reduce its headcount in Europe by as many as 2,000 jobs.
FedEx said Tuesday that it expects $2.2 billion of permanent cost reductions in
this fiscal year.
"We are firmly on track to achieve our cost savings target," Subramaniam said on
a conference call with analysts.
Profit Beat
The company reported earnings per share of $5.41 for the quarter that ended May
31, which beat analyst expectations of $5.34. Revenue of $22.1 billion was in
line with estimates.
The company's Ground segment reported a 1.2% uptick in average daily volume year
over year, in line with estimates, indicating a slowdown in the decline of
parcel shipping. Strengthening demand could signal a return to more balanced
consumer spending that shifted heavily toward services and away from goods in
the wake of pandemic restrictions.
Subramaniam said in the statement that the figures show its cost-cutting efforts
are working, calling the results "unprecedented in this current environment."
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
FEDEX CORP. DL-,10 | 912029 | Frankfurt | 279,000 | 28.06.24 16:05:56 | +2,250 | +0,81% | 0,000 | 0,000 | 275,550 | 279,000 |
