Post-earnings recap
Reported
Wed, Mar 20, 2013
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
63%
Est. EPS
—
Est. Rev
—
Impl. Move
—
This earnings report indicates that FedEx is facing challenges, as evidenced by the EPS miss. The stock reacted negatively, dropping 6.89% in response to the disappointing results and lack of guidance. Investors may be concerned about the company's ability to manage costs and navigate the current market environment.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.23 | N/A | -9.89% |
Overall, management expressed concerns about current market conditions. They are focused on controlling costs and navigating through these challenges.
Management highlighted ongoing challenges in the market.
They emphasized the need for cost management moving forward.