Quarterly company results for the week 19.06. - 23.06: FedEx, KB Home, Carmax

Earnings season will not offer us many interesting companies for the second week in a row. However, as we approach the end of the month, I can assure you that the results season will get going again.

What do analysts expect from these companies?

FedEx $FDX+0.5%

The Zacks Consensus Estimate for segment sales suggests a decline of 9.5% from the previous fiscal quarter.

Higher purchased shipping rates and lower package volumes likely impacted FedEx Ground segment's quarterly results. The Zacks Consensus Estimate for the segment's revenue indicates a decline of 1.6% from the previous fiscal quarter.

Softness related to average daily shipments is likely to hurt FedEx Freight segment performance. The Zacks Consensus Estimate for segment revenue indicates a decline of 5.4% from the previous fiscal quarter.

FedEx Corporation

FDX

$300.14

$1.55

+0.52%

Capital Structure

Market Cap

73.3B

Enterpr. Val.

104.5B

Valuation

P/E

17.5

P/S

0.8

KB Home $KBH+2.8%

This homebuilder is expected to post quarterly earnings of $1.23 per share in its upcoming report, representing a year-over-year change of -47%. Revenue is expected to be $1.38 billion, down 19.9% from the previous quarter.

KB Home

KBH

$83.76

$2.30

+2.82%

Capital Structure

Market Cap

6.3B

Enterpr. Val.

7.4B

Valuation

P/E

11.1

P/S

1.0

Carmax $KMX+1.8%

This used car dealership chain is expected to post quarterly earnings of $0.73 per share in its upcoming report, representing a year-over-year change of -53.2%. Revenue is expected to be $7.28 billion, down 21.8% from the previous quarter.

CarMax, Inc.

KMX

$83.02

$1.47

+1.80%

Capital Structure

Market Cap

13.0B

Enterpr. Val.

31.7B

Valuation

P/E

32.6

P/S

0.5

Darden Restaurants $DRI+0.3%

This owner of restaurant chains is expected to post quarterly earnings of $2.53 per share in its upcoming report, representing a year-over-year change of +13%. Revenue is expected to be $2.77 billion, up 6.3% from the previous quarter.

Darden Restaurants, Inc.

DRI

$142.27

$0.37

+0.26%

Capital Structure

Market Cap

16.9B

Enterpr. Val.

23.4B

Valuation

P/E

16.7

P/S

1.5

Patterson Companies $PDCO+1.3%

The Zacks Consensus Estimate for the company's revenue for the fourth quarter of fiscal 2023 is pegged at $1.66 billion, suggesting a 1.1% improvement from the year-ago quarter, with earnings per share expected to be flat from the year-ago quarter ($2.28).