Reported about 12 hours ago
FedEx is expected to release its fiscal fourth quarter earnings report on Tuesday, with traders predicting a significant stock movement of around 7%, approximately $16, in either direction. Current estimates suggest the stock could range from just over $245 to just over $213 later in the week. Despite facing a decline of nearly 20% this year, analysts remain largely optimistic about FedEx's performance, projecting slight revenue drops but an increase in adjusted earnings per share.
Source: YAHOO