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FedEx First Quarter Earnings Preview: What Wall Street's Saying

NEW YORK (TheStreet) – FedEx shares have risen a lofty 40% over the past 12 months versus its package delivery rival UPS , which has gained 9.1%. It has also outperformed the S&P 500, which is up 17.5% in the same time period. The Memphis, Tenn.-based delivery and logistics company reports first quarter earnings on Wednesday, where it will update investors on whether it is on track to meet the …

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