Having topped analysts' estimates last quarter by 19 cents per share, FedEx is expected to deliver its latest earnings on Tuesday, June 19, 2012.
Analysts currently expect FedEx to come in with earnings of $1.92 per share on revenues of $11.13 billion. Analyst estimates range from $1.82 per share to $2 per share. Over the past three months, the average estimate has moved down from $1.97.
Last Quarter's Results
Analysts are bullish on the stock as 18 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
The stock fell $3.89 per share between May 31, 2012 and June 1, 2012. Looking at change over the last three months, March 16, 2012 and June 12, 2012, the stock price fell $6.65 (-7%), from $94.34 to $87.69.
Reporting Period: 4Q
Date of Release: Tuesday, June 19, 2012
Revenue Estimate: $11.13 billion