FedEx (FDX) Misses Q3 EPS by 27c, Revenue In-Line
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March 22, 2017 9:33 AM EDT
Stifel raised its price target on FedEx (NYSE: FDX) to $194.00 (from $189.00) while maintaining a Hold rating.
Analyst David Ross commented, "FedEx reported F3Q17 EPS of $2.35, short of our $2.56 estimate and the Street consensus estimate of $2.62. The company cited a significant... More
March 22, 2017 9:17 AM EDT
Oppenheimer raised its price target on FedEx (NYSE: FDX) to $218.00 (from $214.00) while maintaining a Outperform rating. FedEx maintained FY17 adjusted EPS guidance of $11.85-12.35.
Analyst Scott Schneeberger commented, "F3Q17 (February-ending) adj'd EPS of $2.35 (-6% y/y) was below our estimate/ consensus of $2.55/$2.62,... More
March 22, 2017 6:38 AM EDT
Deutsche Bank raised its price target on FedEx (NYSE: FDX) to $210.00 (from $209.00) while maintaining a Buy rating, saying while note perfect the Q3 report reinforced their positive thesis.
Analyst Amit Mehrotra commented, "FDX's fiscal 3Q release and call, while not perfect, provided... More
March 21, 2017 5:24 PM EDT
FedEx (NYSE: FDX) climbed during its Q3 conference call. Among other topics discussed on the call, FedEx's CEO said he sees an "excellent" fiscal Q4.
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