FedEx Corp. Reports Strong Third Quarter Results
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FedEx (FDX) Tops Q3 EPS by 23c, Offers FY Guidance
March 18, 2021 4:06 PM EDTFedEx (NYSE: FDX) reported Q3 EPS of $3.47, $0.23 better than the analyst estimate of $3.24. Revenue for the quarter came in at $21.5 billion versus the consensus estimate of $19.96 billion.
GUIDANCE:
FedEx sees FY2021 EPS of $17.60-$18.20, may not compare to consensus of $17.40.
FedEx is unable to forecast the fiscal 2021 year-end mark-to-market (MTM) retirement plan accounting adjustment and certain debt refinancing costs that may be incurred in connection with debt reduction and refinancing... More
