Earnings Preview: FedEx - CBS News
WHAT'S EXPECTED: More bad news. FedEx cut its forecast for the recent quarter earlier this month. FedEx also might provide details on the planned restructuring of its Express unit, which is suffering the most from the slow economy. FedEx expects to earn between $1.37 and $1.43 per share in the quarter, down from a previous forecast of $1.45 to $1.60 per share.
WHAT'S EXPECTED: More bad news. FedEx cut its forecast for the recent quarter earlier this month. FedEx also might provide details on the planned restructuring of its Express unit, which is suffering the most from the slow economy. FedEx expects to earn between $1.37 and $1.43 per share in the quarter, down from a previous forecast of $1.45 to $1.60 per share.