Analysis: DHL Group – the bear dance
It strengthens after dismal FedEx update
AAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALLHLAG: CEO ON SPOT RATES IN THE CURRENT QUARTERHLAG: UNIT COST PERFORMANCEHLAG: QUESTION TIMEHLAG: SECOND HALF OUTLOOK HLAG: SPOT RATES DYNAMICS HLAG: STRONG PERFORMANCEHLAG: ABOUT TARIFFS HLAG: CONF CALL STARTSMAERSK: HARMED AT HIGHS HLAG: CONF CALL FDX: INDIAN ANTITRUST CASEFDX: NEW EXEC ARRIVES
AAPL: AI POWERDSV: NEOM PROJECT RISK HLAG: 'USTR RISK' HLAG: INVENTORY LEVELSHLAG: CRYSTAL BALLHLAG: CEO ON SPOT RATES IN THE CURRENT QUARTERHLAG: UNIT COST PERFORMANCEHLAG: QUESTION TIMEHLAG: SECOND HALF OUTLOOK HLAG: SPOT RATES DYNAMICS HLAG: STRONG PERFORMANCEHLAG: ABOUT TARIFFS HLAG: CONF CALL STARTSMAERSK: HARMED AT HIGHS HLAG: CONF CALL FDX: INDIAN ANTITRUST CASEFDX: NEW EXEC ARRIVES
Bad weather and peak season costs did not leave too much of a mark on FedEx’s Q3 “mixed bag” results. The express courier reported a successive quarterly increase in revenues that were also up $1.5bn year-on-year. Reuters reports that revenues for the three-month period hit $16.5bn (slightly shy of analyst expectations of $16.6bn) aided by strong volume gains and changes to US tax law. Although bad weather in the US, higher peak-related costs, and the ongoing expense of integrating TNT, dented quarterly profits. You can see the full results here.
Comment on this article