I Like FedEx Because Strong Growth In Freight & Ground Shipments

Tags: FedEx Corp., 1st Quarter Earnings, FDX
21 Sep 8:40am

FedEx Corporation

FDX (NYSE)

Forecast has expired Ended: Thursday September 28, 2006

Target

$110.00 and above

$2.47 (2.3%)

Time Span:2wks and below

Final

$58.65

-$48.88 (45.5%)

Recommendation

Rating:Buy

Risk:Moderate

Stop Loss Price:Unspecified

Final XP: 307

Target not reached

Analysis

FedEx Corporation (FDX): I'm Bullish
FQ1 2007 Revenue Estimate: $8.41B
FQ1 2007 EPS Estimate: $1.52
FQ2 2007 Revenue Estimate: $8.85B
FQ2 2007 EPS Estimate: $1.75
Last Quarter FQ4 2005 reported on 06/21/06 Before Market Open
EPS Estimate: $1.77 | EPS Actual: $1.45

Business continues to be upbeat, beating analyst most optimistic assumptions.  Revising future performance will be inevitable.  Good one for sure.  Prices should go up to new levels.

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