logo
  

FedEx Projects Compound Annual Growth Rate For Adj. EPS Of 14-19% Through FY25

FedEx Corp. (FDX) said the company is targeting to deliver 18-22% annualized TSR through fiscal 2025. The company expects compound annual growth rate for adjusted EPS of 14-19% through fiscal 2025. It also targets 4-6% compound annual revenue growth through fiscal 2025. FedEx estimates fiscal 2025 adjusted consolidated operating income improvement of $3.0-$4.5 billion compared to fiscal 2022 adjusted consolidated operating income.

The company's other financial goals for fiscal 2025 include: 10% adjusted consolidated operating margin; and adjusted dividend payout ratio of at least 25%.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The US Centers for Disease Control and Prevention or CDC has ended recommendations for social distancing and quarantine with a view to minimize covid-19's impact on persons, communities, and health care systems. The agency also ended recommendation for test-to-stay in schools, CNN noted. Healthcare major Johnson & Johnson, which is in the middle of a talcum powder fiasco, said it is discontinuing talc-based JOHNSON'S Baby Powder globally in 2023. The company plans to transition to an all cornstarch-based baby powder portfolio. According to the company, the commercial decision to use cornstarch in all its baby powder products was made after conducting an assessment of its portfolio Walt Disney's streaming service Disney+ is rolling out its much-anticipated new ad-supported subscription plan for Disney+ in the U.S. as part of its bid to stem the loss and make its streaming business profitable after the services posted a hefty operating loss of more than $1 billion in the third quarter. It is also raising pricing for its bundled subscription plans with Hulu, ESPN+ and live TV.
Follow RTT