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Barchart
Sohini Mondal

FedEx Freight's Quarterly Earnings Preview: What You Need to Know

With a market cap of $17.3 billion, FedEx Freight Holding Company, Inc. (FDXF) is North America’s largest less-than-truckload (LTL) carrier, offering Priority, Economy and Direct services that help customers balance speed, cost and reliability. With a broad network supported by nearly 30,000 vehicles, 40,000 team members and more than 365 locations, the company uses operational efficiency and data-driven technology to deliver freight across North America.

The Memphis, Tennessee-based company is expected to announce its earnings after the market closes on Thursday, Oct. 29. Ahead of this event, analysts forecast FDXF to report a profit of $1.43 per share, down 99.9%.

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