FedEx and KB Home's Earnings: A Tale of Contrasting Reactions
- September 20th, 2023
- 713 views
FedEx Corporation (NYSE: FDX), a renowned global courier delivery services company, reported first-quarter fiscal 2024 earnings of $4.55 per share, surpassing the consensus EPS estimate of $3.73. The company's quarterly revenues amounted to $21.70 billion, slightly lower than analysts' revenue projection of $21.81 billion.
$FDX was trading at $264.45 in after-hours, showing a substantial increase of $13.93 (+5.56%).
In other news, KB Home (NYSE: KBH), a prominent home construction company, delivered third-quarter fiscal 2023 earnings of $1.80 per share, exceeding the consensus EPS estimate of $1.43. The company also reported quarterly sales of $1.59 billion, surpassing analysts' revenue forecast of $1.48 billion for the period.
In after-hours, $KBH was trading at $47.00, down $1.06 (-2.21%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
NJCP National Football Conference Names David Dalton Head Coach of Salt Lake Yeti
February 06th, 2026FDA Takes New Approach to "No Artificial Colors" Claims
February 06th, 2026NJCP National Football Conference Announces Micah Deckart as Head Coach of the Idaho Outlaws
February 05th, 2026
Member Login