Thursday, December 17, 2015

FedEx - Strong Upside This Quarter And More Upside Next Quarter $FDX, #earnings, #in

FedEx continues to have upside in earnings, which should drive its price potential

Despite global FX and macro factors, 85% of its business is doing very well

Ground is becoming the most important profit generator, as the upcoming FQ3 should prove out


FedEx Corp. (NYSE:FDX) reported $2.58 adjusted EPS versus our estimate of $2.59, as we wrote in our last piece, and versus the street's estimate of $2.51.

The reason we had higher numbers than the street for Q2 was..
See full report

Chaim Siegel has been working with hedge funds and mutual funds as an analyst and PM his entire career. Chaim specializes in earnings and predicts, analyzes and reacts to earnings and earnings events as well as developing current company stories with a hedge fund perspective. If you want his analysis real time sign up to the right for real time email alerts. 

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