Morgan Stanley Downgrades FedEx (FDX) to Equalweight

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JPMorgan Downgrades FedEx (FDX) to Neutral

June 20, 2013 7:09 AM EDT

JPMorgan downgraded FedEx (NYSE: FDX) from Overweight to Neutral with a price target of $108.00 (from $116.00) following Q4 results, outlook.

For an analyst ratings summary and ratings history on FedEx click here. For... More

FedEx (FDX) FY14 Guidance Appears 'Readily Achievable'

June 19, 2013 11:16 AM EDT

This morning FedEx (NYSE: FDX) reported Q4 EPS of $2.13, $0.17 better than the analyst estimate of $1.96. Revenue for the quarter came in at $11.4 billion versus the consensus estimate of $11.44 billion. FedEx issued FY2014 adjusted EPS guidance of up 7 13% year-over-year, implying a full-year adjusted EPS range of $6.66 - $7.04... More

Fedex Corp. (FDX) Tops Q4 EPS by 17c, Sales Light

June 19, 2013 7:32 AM EDT

Fedex Corp. (NYSE: FDX) reported Q4 EPS of $2.13, $0.17 better than the analyst estimate of $1.96. Revenue for the quarter came in at $11.4 billion versus the consensus estimate of $11.44 billion.

"FedEx Ground posted another strong year and FedEx Freight margins continued to improve," said Frederick W. Smith, FedEx Corp. chairman, president and chief executive officer. "These positive developments did... More