FedEx Earnings Could Be ‘Lackluster,’ Says Analyst

MEMPHIS (TheStreet) — Expectations are not high for FedEx , which on Wednesday will report earnings for the fiscal third quarter ended Feb. 28. Analysts surveyed by Thomson Reuters estimate per share earnings of $1.39, excluding items, down from $1.55 in the same period a year earlier. They expect revenue to climb 3% to $10.9 billion. FDX and UPS’ results are considered to be accurate economic …

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