What Analyst Projections for Key Metrics Reveal About FedEx (FDX) Q4 Earnings

Wall Street analysts expect FedEx (FDX) to post quarterly earnings of $5.94 per share in its upcoming report, which indicates a year-over-year increase of 9.8%. Revenues are expected to be $21.7 billion, down 1.9% from the year-ago quarter. Over the last 30 days, there has been a downward revision of 1.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. A ...