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.
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.
