MEMPHIS (TheStreet) – FedEx missed estimates but increased its fiscal 2011 guidance. The company said it earned $1.16 a share for the fiscal second quarter ended Nov. 30. Analysts surveyed by Thomson Reuters had expected earnings of $1.31 a share. Revenue rose 12% to $9.6 billion; analysts had estimated $9.7 billion. In premarket trading, FedEx shares were down $2.11 to $90.28. Several analysts …
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