FedEx Corporation’s third quarter fiscal 2011 earnings slipped by a penny but was a nickel above the year-ago earnings. The company has guided fourth quarter and fiscal 2011 earnings above the Zacks Consensus Estimates. More: continued here
Read More »FedEx Beats With Strong Outlook
FedEx increased its outlook for the year Thursday, saying that higher fuel prices have offset its performance as expected, but that it remains optimistic. Shares were up 3.5% Thursday at $88.32. More: continued here
Read More »FedEx offers strong outlook for this quarter and beyond
FedEx Corp, the No. 2 package delivery company, sees improving revenue and profit this quarter and beyond, even as fuel prices mount, and shares of the economic bellwether rose more than 4 percent. More: continued here
Read More »FedEx Volumes Support Bernanke on Economy
Gains in FedEx’s overnight box shipments in the U.S. reinforce the Fed’s view that the economic expansion is on a firmer footing More: continued here
Read More »FedEx CFO sees more uncertainty in global economy
NEW YORK (MarketWatch) — FedEx Corp. see more uncertainty in the global economy following unrest in the Middle East and a devastating earthquake in Japan, but continues to forecast growth and increased shipping demand, said the company’s chief financial officer on Thursday. FedEx lowered its profit forecast earlier because of …
Read More »Fedex sees improved results ahead; shares rise
FedEx Corp, the world’s largest cargo airline, forecast improved revenue and margins in the current quarter and beyond, boosted by strong demand. More: continued here
Read More »FedEx Forecast Beats Estimates Amid Global Economic Pickup
FedEx Corp., operator of the world’s biggest cargo airline, forecast a profit for the current quarter that topped analysts’ estimates as prices strengthen with the global economic recovery. More: continued here
Read More »FedEx Reassures On Japan
MEMPHIS (TheStreet) — FedEx CEO Fred Smith reassured investors Thursday concerning Japan’s tragedies, saying that the Japanese “are very resourceful people” and suggesting that the impact of the nuclear plant problems may be overstated. At the same time, also speaking to reporters and analysts during the company’s earnings conference call, …
Read More »FedEx gives positive 4Q outlook, shares jump
FedEx Corp. says slow-but-steady economic growth should produce strong earnings for the current quarter, although fuel prices and Mideast turmoil remain big uncertainties. More: continued here
Read More »FedEx outlook bright on growing demand
FedEx Corp, the world’s largest cargo airline, forecast improved revenue and margins in the current quarter and beyond, and sees more shipments for reconstruction in Japan. More: continued here
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