Sees improvement from the $4.05 on a y/y basis. Says the company also shared in September that “We expected to maintain or improve margin at FEC, and we expect that to be on the improvement side for FEC.” Expects there will be some margin contraction at freight “consistent with what’s happening in the industry.” Comments taken from the Baird 55th Annual Global Industrial Conference.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FDX:
- FAA announced EAD sent to operators of MD-11, MD-11F airplanes
- Boeing advises operators of MD-11 Freighter to suspend flight operations
- FedEx says made ‘necessary operational modifications’ to meet FAA directive
- FedEx price target raised to $280 from $250 at Wells Fargo
- FedEx Amends Credit Agreements for Spin-Off Plans
