FedEx Corp. Reports First Quarter Earnings
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FedEx (FDX) PT Raised to $221 at Stifel Following 1Q Report
September 20, 2017 7:18 AM EDTStifel raised its price target on FedEx (NYSE: FDX) to $221.00 (from $216.00) while maintaining a Hold rating following the company's 1Q earnings report. FDX reported EPS of $2.19, vs the Street consensus of $3.09. Management lowered guidance from $13.20-$14.00 to $12.00- $12.80, almost entirely due to... More
FedEx (FDX) Misses Q1 EPS by 58c, Cuts FY Guidance
September 19, 2017 4:15 PM EDT(Updated - September 19, 2017 4:20 PM EDT)
FedEx (NYSE: FDX) reported Q1 EPS of $2.51, $0.58 worse than the analyst estimate of $3.09. Revenue for the quarter came in at $15.3 billion versus the consensus estimate of $15.35 billion.
Outlook
FedEx is unable to forecast the fiscal 2018 year-end mark-to-market (MTM) pension... More
