Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  FedEx Corporation    FDX

FEDEX CORPORATION (FDX)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

FedEx : says cyber attack to hurt full-year results

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/17/2017 | 04:35pm CET
TNT Express logo is pictured at headquarters in Hoofddorp

Package delivery company FedEx Corp said a disruption in services in its TNT Express unit following a cyber attack last month would hurt its full-year results.

FedEx's shares fell as much as 3.4 percent to $211.53 in early trading as the company said the financial impact of the disruption on its results was likely to be "material".

The Netherlands-based TNT Express is still experiencing widespread service delays following the attack, caused by the Petya cyber virus that spread through a Ukrainian tax software product, FedEx said.

FedEx said it lost revenue due to decreased volumes at TNT Express and incurred incremental costs from contingency plans and remediation of affected systems.

The company said it did not have an insurance in place that covered the impact from the cyber attack.

FedEx, which is evaluating the financial impact of the cyber attack, said it was unable to estimate when services at TNT Express would be fully restored. (http://bit.ly/2uAnQKG)

The company also said no data breach or data loss to third parties was known to have occurred as of July 17.

The Petya cyber virus spread from Ukraine in June, crippling thousands of computers around the globe, with the shipping and logistics industry among those hit the hardest.

The malicious code encrypted data on machines and demanded victims $300 ransoms for recovery, similar to the extortion tactic used in the global WannaCry ransomware attack in May.

FedEx is scheduled to report its first-quarter results in September.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel and Saumyadeb Chakrabarty)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FEDEX CORPORATION
12/15 FEDEX : Earnings scheduled for the week of 12/18/2017
12/15 FEDEX : Ohio Businessman and Philanthropist Appointed to Prestigious Board Focus..
12/14 OPRAH’S FAVORITE THINGS : Packed & Shipped by FedEx Office ‘Elves&rs..
12/14 FEDEX : Police offers tips to prevent holiday package theft
12/14 FEDEX : Company faces fine after FedEx workers exposed to radiation
12/14 FEDEX : named one of 2017 Best Workplaces for Diversity
12/14FEDEX CORPORATION : half-yearly earnings release
12/13 FEDEX : Executives Named to Black Enterprise's 2017 List of Most Powerful Execut..
12/13 FEDEX : didn't deliver 6.7 lbs. of pot to Crisfield residence
12/13 FEDEX : Redding FedEx driver rescued after disappearing while out for delivery
More news
News from SeekingAlpha
12/15 Top Ten Industrial Stocks For Dividend Growth And Income
12/15 MY JOURNEY TO FINANCIAL INDEPENDENCE : 86-Stock November Portfolio Update - Buyi..
12/14 The Next 20 Dividend Achievers Absolutely Trounce The Market
12/14 Market Celebrated Rate Hike - Cramer's Mad Money (12/13/17)
12/14 BOEING NOVEMBER ORDER REPORT : Lessors Firm Up
Financials ($)
Sales 2018 63 211 M
EBIT 2018 5 680 M
Net income 2018 3 245 M
Debt 2018 11 094 M
Yield 2018 0,82%
P/E ratio 2018 20,28
P/E ratio 2019 16,15
EV / Sales 2018 1,19x
EV / Sales 2019 1,12x
Capitalization 63 953 M
Chart FEDEX CORPORATION
Duration : Period :
FedEx Corporation Technical Analysis Chart | FDX | US31428X1063 | 4-Traders
Technical analysis trends FEDEX CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 244 $
Spread / Average Target 2,3%
EPS Revisions
Managers
NameTitle
Frederick Wallace Smith Chairman & Chief Executive Officer
David J. Bronczek President & Chief Operating Officer
Alan B. Graf Chief Financial Officer & Executive Vice President
Rob B. Carter Chief Information Officer
James L. Barksdale Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
FEDEX CORPORATION29.98%63 953
UNITED PARCEL SERVICE3.28%100 685
DEUTSCHE POST29.02%57 638
EXPEDITORS INTERNATIONAL OF WASHINGTON22.36%11 384
YAMATO HOLDINGS CO., LTD.-2.61%8 615
BPOST14.00%6 045