FedEx (FDX) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Wall Street analysts expect FedEx (FDX) to post quarterly earnings of $4.87 per share in its upcoming report, which indicates a year-over-year increase of 7$22.12 billion, up 2% from the year-ago quarter.The current level reflects a downward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's earni ...