Shipping Rebound Lifts FedEx 2012 Estimates - Bloomberg
http://www.bloomberg.com/news/2011-...xceed-estimates-as-shipping-demand-gains.html
FedEx Corp. (FDX), operator of the world’s biggest cargo airline, forecast full-year earnings that may top analysts’ estimates as global shipping demand climbs.
Profit in the 12 months through May 2012 will climb to $6.35 to $6.85 a share, the Memphis, Tennessee-based company said in a statement today. That compares with an average estimate of $6.54 from 26 analysts surveyed by Bloomberg.
http://www.bloomberg.com/news/2011-...xceed-estimates-as-shipping-demand-gains.html
FedEx Corp. (FDX), operator of the world’s biggest cargo airline, forecast full-year earnings that may top analysts’ estimates as global shipping demand climbs.
Profit in the 12 months through May 2012 will climb to $6.35 to $6.85 a share, the Memphis, Tennessee-based company said in a statement today. That compares with an average estimate of $6.54 from 26 analysts surveyed by Bloomberg.