FedEx hits $87.7 billion in fiscal 2024 revenue

FedEx released its results for the fourth quarter of fiscal year 2024 ending May 31, 2024. The financial report shows that revenue in the fourth quarter was US $22.1 billion, a slight increase of 0.9% from US $21.9 billion in the same period last year, slightly better than analysts' expectations. $22.06 billion, net income fell 4% to $1.47 billion; Full-year revenue fell 3 percent to $87.7 billion, while net income rose 8.8 percent to $4.3 billion.

FedEx said capital expenditures in fiscal 2024 will be $5.2 billion, down 16% from $6.2 billion in fiscal 2023; Adjusted earnings for fiscal 2025 are forecast to be $20 to $22 per share, ongoing cost reduction programs will permanently cut costs by $2.2 billion in fiscal 2025, capital expenditures will reach $5.2 billion, and investment will be prioritized for in-network optimization and efficiency improvements.

联邦快递发布截至2024年5月31日的2024财年第四季度业绩.财报显示,第四季度收入为221亿美元,较去年同期的219亿美元小幅增长0.9%,略好于分析师预期的220.6亿美元,净收入下降4%至14.7亿美元;全年收入下降3%至877亿美元,而净收入为43亿美元,增长8.8%.

联邦快递表示,2024财年的资本支出为52亿美元,比2023财年的62亿美元下降了16%;预测2025财年的调整后收益将为每股20至22美元,正在进行的成本削减计划将在2025财年永久削减22亿美元成本,资本支出将达到52亿美元,投资会优先用于网络内部优化和效率提升.