iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,270 Blog Posts

CATASTROPHE IN THE AFTER HOURS: $FDX BLOWS UP

FedEx sees Q2 EPS $2.65 or greater, consensus $5.48.

What the fuck — is this real life?

I’ll be taking some more losses tomorrow. This is the type of report that marks a change in the cycle, the report we reflect back upon and say “you were warned.”

With such a shortfall, all retail numbers must be at risk. Fed ex is the conduit between so many businesses. I can only marvel at this miss now, as I am only long in such an ironic twist.

Shares of FDX have blown up, -15% in the AHs.

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13 comments

  1. metalleg

    Revenue down quarter over quarter while fuel costs are increasing.

    A recipe for disaster.

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    • tha pirate

      “THEY” (the MSM) do not want the pleabs to focus on the many disasters of Brandon and his handlers. They do not want voters to vote in a few weeks based on any relevant issues at ALL. Instead they want to make us think the election in November is about the bad Orange man – who is NOT EVEN RUNNING.

      The Democrat/Socialist/Islamist party is a DISASTER for America on EVERY issue. It amazes me just how stupid some voters can be.

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  2. soupbone

    Our inflation issue is quite serious. And this must not be confused with the Fed rate hikes. Real rates are still way negative. They simply blew the fuck bubble since 2020.

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  3. roguewave

    An indication Joe 6-pack hit the brakes hard, He chose food over hardgoods.

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  4. bob smith

    I hope you recover quickly from COVID. That said, treating COVID as farce has hopefully taught you something. But I doubt it…

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  5. bob smith

    I hope you recover quickly from COVID. That said, treating COVID as farce has hopefully taught you something. But I doubt it…

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  6. bob smith

    I hope you recover quickly from COVID. That said, treating COVID as farce has hopefully taught you something. But I doubt it…

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  7. bob smith

    What’s the deal with your blog printing my single post multiple times? Does the site have COVID?

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    • urb8181

      nothing wrong with the blog comments…..you’re just an idiot…….

      as for the over reaction to a virus that is 99.8 % survivable….total farce…..we destroyed the economy and livelihoods over this shit…….I’ll never forgive the cocksuckers for what’s been done……

      remember the Diamond Princess……told us everything we needed to know, the information was suppressed

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    • metalleg

      In a stroke of genius, Fly has been able to incorporate an AI algorithm in the blog whereby stupid comments get posted twice. The AI program has taught itself to triple post when a comment looks like it’s been written by a Neanderthal.

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      • purdy

        I think that Fly actually died from the Vid …and his AI took over.

        The tell was that, for a couple of days, the site’s blogs were not in his voice. His AI did not call his loyal readers “cunts”, “cucks” or “plebs”. It is nice to see that his AI is, apparently, self-correcting. And the eternal Fly is again himself.

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  8. jacked rabbit

    Glad that Fly is starting to be on the mend.

    Damn “flu” was a boon for people who created those wrist bands with the stupid sayings on them. Got a drawer full of them over the last two+ years that were being sold by families of those people who didn’t get the vaxx for a “survivable 98% of the time” flu, got it, died and now they have to sell their house cuz the guy thought a boat was more important than health and life insurance, and need cash quick. Gofundme’s, fundraising auctions of beef and guns, and “Brandon Strong” wristbands abound out here in flyover country. Supporting a family of a guy who’s not here anymore who would do “anything for his family”, according to his obituary.

    I never wear them, just a daily reminder to not be a fucking moron.

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  9. roguewave

    Z is quite an amazing multitasker. He’s got the standup thing going, is saving his countrymen and even has time to do some keynote speaking:
    https://www.ndia.org/events/2022/9/19/2022-future-force-capabilities-conference-and-exhibition

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