Earnings Preview: FedEx

Discussion in 'The Latest FedEx Headlines' started by cheryl, Dec 19, 2007.

  1. cheryl

    cheryl I started this. Staff Member

    Earnings Preview: FedEx - Yahoo

    FedEx Corp. reports earnings for its fiscal 2008 second quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.

    OVERVIEW: The Memphis, Tenn.-based package delivery company felt the impact of soaring fuel costs and a weakening domestic economy during its fiscal second quarter. A troubled U.S. freight market -- marked by poor demand that dragged down pricing -- also took its toll.