What Analyst Projections for Key Metrics Reveal About FedEx (FDX) Q2 Earnings

Analysts on Wall Street project that FedEx (FDX) will announce quarterly earnings of $3.90 per share in its forthcoming report, representing a decline of 2.3% year over year. Revenues are projected to reach $22.07 billion, declining 0.5% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during t ...