Can FedEx (FDX) Deliver?

Discussion in 'The Latest FedEx Headlines' started by cheryl, May 19, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    Can FedEx (FDX) Deliver? - Blogging Stocks

    "FedEx Ground continues to gain market share against competitors including the U.S. Postal Service and United Parcel Service.

    "The company's share of ground parcels grew to 22 percent from 10.6 percent in 1999. And with DHL exiting the entire U.S. market earlier this year, Fedex is presented with a greater opportunity to expand market share.

    "For the current year, analysts expect the company to report a 3.4 percent drop in sales and EPS of $3.74 versus $3.76 in fiscal 2009. I believe the current fiscal year will be a low point for FedEx, and I expect a strong turnaround in the coming year.