Earnings Scorecard: FedEx

Discussion in 'The Latest FedEx Headlines' started by cheryl, Jul 7, 2011.

  1. cheryl

    cheryl I started this. Staff Member

    Earnings Scorecard: FedEx - Yahoo

    We expect FedEx to generate strong revenues and earnings in fiscal 2012 on improved economy, strong yields, restructuring of the Freight segment, industrial production growth, diversified product offerings, diminishing cost headwinds, increased pricing and volumes across all segments.

    However, increased investements, competitive threats from its close rival United Parcel Service Inc., unionized workforce and steeper fuel price may limit the upside potential of the stock.

    Consequently, we are maintaining our long-term Neutral rating on FedEx. The stock retains a Zacks #3 (Hold) Rank.