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FedEx Corp Issues FY 2014 EPS Guidance Below Analysts' Estimates-Conference Call
FedEx announced that for fiscal 2014, it projects earnings per share growth of 7% to 13% from fiscal 2013 adjusted results. This assumes the current market outlook for fuel prices, U.S. GDP growth of 2.3% and world GDP growth of 2.7%. The Company reported EPS of $6.23 in fiscal 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $7.12 for fiscal 2014.
Latest Developments for FedEx Corp
- FedEx Corp's Subsidiary Signs New $10.5 Billion Contract With USPS -Reuters
- FedEx Corp Issues Q4 EPS Guidance In Line With Analysts' Estimates; Lowers FY EPS 2013 Guidance
- FedEx Corp Issues Q3 2013 EPS Guidance In Line With Analysts' Estimates; Reaffirms FY 2013 EPS Guidance
- FedEx Corp To Cut Thousands From Workforce-Business Standard
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