Jim Cramer highlights a light earnings calendar next week focusing on FedEx, KB Home, and Micron reports. He notes that rising crude exports and a potential Iran peace deal could sharply lower oil prices, easing inflation and supporting future Federal Reserve rate cuts. Key economic data, including new-home sales and the personal consumption expenditures price index, will also draw investor attention. Cramer remains optimistic about FedEx's cost-cutting and network strategies, while cautioning that Micron must exceed high expectations to sustain its rally.
FedEx will announce its fourth-quarter earnings on June 23, with analysts forecasting earnings per share of $5.92, down from $6.07 last year. Revenue is expected to rise to $24 billion from $22.22 billion previously. The company recently raised its a...
FedEx Corporation's stock price increased over 17% in the past quarter, outperforming the SPY index. The company is receiving expected tariff refunds, although these will be passed on to customers, and it faces ongoing legal and operational challenge...
