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FedEx Earnings Preview: About 15% Undervalued

2015-12-14 20:00:36| Air Courier - Topix.net

While most of the attention will be focused on the FOMC meeting announcement and the market response after what is expected to be the first fed funds rate increase in 9.5 years, FDX's quarterly earnings report and conference call is always a good read into many different sectors and global geographies, since management usually gives insightful commentary on the state of the transportation world. Analyst consensus coming into Wednesday's call is expecting $2.52 in earnings per share on $12.45 billion in revenue for expected year-over-year growth of 18% and 4% respectively.

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