Unveiling FedEx (FDX) Q3 Outlook: Wall Street Estimates for Key Metrics

In its upcoming report, FedEx (FDX) is predicted by Wall Street analysts to post quarterly earnings of $4.66 per share, reflecting an increase of 20.7% compared to the same period last year. Revenues are forecasted to be $21.88 billion, representing a year-over-year increase of 0.8%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this p ...