Company News: FedEx (FDX) Q4 EPS beat analysts’ estimate

Market news

21 June 2017

Company News: FedEx (FDX) Q4 EPS beat analysts’ estimate

FedEx (FDX) reported Q4 FY 2017 earnings of $4.25 per share (versus $3.30 in Q4 FY 2016), beating analysts' consensus estimate of $3.88.

The company's quarterly revenues amounted to $15.700 bln (+21% y/y), generally in line with analysts' consensus estimate of $15.560 bln.

The company also issued in-line guidance for FY 2018, projecting EPS of $13.20-14.00 versus analysts' consensus estimate of $13.58. Its CapEx is expected to amount to $5.9 bln in FY 2018, in line with analysts' expectations.

FDX fell to $208.30 (-0.31%) in pre-market trading.

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