FedEx Corporation (NYSE:FDX) Yearly Sales Target At $14011.43


The EPS projection of FedEx Corporation (NYSE:FDX) for quarter ended 2016-08-31 is $2.81. A week before, the EPS forecast was $2.81 against target of $2.81, a month earlier. This estimate stood at $2.81 60 days earlier versus forecast of $2.81 90 days earlier, confirming a deviation of 0%.

FedEx Corporation (NYSE:FDX) reported that 18 days ago, the positive EPS revisions were 4 and negative revisions at 1.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 4, 2, 1 and 2, respectively.

The downgrade of EPS estimates for FedEx Corporation (NYSE:FDX) in the preceding 120, 60, 30 and 90 days were 1, 1, 1 and 1, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 3, the EPS estimate of FedEx Corporation (NYSE:FDX) was $2.81. This projection was computed after accounting 12 calls. As reported on 2016-03-16 the EPS was $2.51. The change was $0.18, demonstrating a percentage deviation of 7.73%. The projections confirmed a standard deviation of 0.08.

Quarterly Sales Estimates

For the fiscal 2017, the yearly sales target for FedEx Corporation (NYSE:FDX) stands at $14011.43 and the median estimate at $13458. Almost 3 analysts announced their estimates.

The highest estimate is $15243 while the lowest target is $13333.29 showing standard deviation of 1068.392%.

As many as 3 analysts released sales estimates reised in upside while 3 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 3 revised sales number projection on upside while 3 lowered the sales target, demonstrating a deviation of 4.401%.

A quarter ago, 3 hiked sales estimations and 3 reduced sales forecast. FedEx Corporation (NYSE:FDX) stated that the change in forecast was 5%.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 7 times, 1 visits today)