Fed ex Beats 1 st quarter estimates

Discussion in 'FedEx Discussions' started by Gone fishin, Sep 20, 2016.

  1. Gone fishin

    Gone fishin Member

    express segment kicking butt like we do
  2. bacha29

    bacha29 Well-Known Member

    Every operating unit did better but looking at the 8K there was one part of the Express business that was down a little bit. I believe that it was domestic deferred. If that portion looks like it isn't going to make money anymore then rest assured that there will be something done about it. The SEC filings is where you'll find what little transparency and forward looking guidance they do have to provide and reading them you will see that there's a lot of storm clouds on the horizon that has X and the financial markets concerned. But for the time being the fact that they are getting closer to that 12 buck EPS goal things should stay relatively quiet for the time being . At least until after peak.
  3. Route 66

    Route 66 Bent Member

    I'm quite certain that'll be reflected in our future compensation as well....yepper
  4. bacha29

    bacha29 Well-Known Member

    Oh fer sure fer sure and the 3.9% rate hike at Express and the 4.9% hike at Ground will no doubt be generously handed to employees and contractors.