FedEx (FDX) on Amazon's (AMZN) Logistics Threat: What, Us Worry?

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Go back to FedEx (FDX) on Amazon's (AMZN) Logistics Threat: What, Us Worry?

UBS Raises Price Target on FedEx (FDX) Following a Strong 3Q Beat

March 17, 2016 8:52 AM EDT

UBS reiterated a Buy rating on FedEx (NYSE: FDX), and raised the price target to $186.00 (from $169.00), following the company's 3Q earnings report. FDX reported an upside for 3Q adjusted EPS of $2.51, which was well above the consensus estimate of $2.35. FDX raised the... More

FedEx (FDX) Tops Q3 EPS by 16c; Boosts FY16 EPS Outlook Midpoint

March 16, 2016 4:16 PM EDT

FedEx (NYSE: FDX) reported Q3 EPS of $2.51, $0.16 better than the analyst estimate of $2.35. Revenue for the quarter came in at $12.7 billion versus the consensus estimate of $12.4 billion.

Adjusted operating income rose 19% year over year primarily due to improved yield management and the continued positive... More