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FedEx Narrows Profit Forecast as Currency Drags on Results

2015-03-18 16:13:20| Trucking - Topix.net

Earnings will be $8.80 to $8.95 a share in the fiscal year ending May 31, the Memphis, Tennessee-based company said in a statement Wednesday. FedEx had reiterated a forecast of $8.50 to $9 a share as recently as Jan. 23, and the average of 26 analysts' estimates surveyed by Bloomberg was $8.98.

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