HALISTER: FedEx FY Capital Expenditure View Tops Est.

FedEx FY Capital Expenditure View Tops Est.

(Bloomberg) -- FedEx sees FY capital expenditure $5.9b, est. $5.89b (range $5.47b to $7.81b)
  • Sees FY adjusted EPS $12.45 to $13.25
  • 4Q adjusted EPS $4.25, est. $3.88 (range $3.68 to $4.03)
  • 4Q revenue $15.7b, est. $15.56b (range $15.19b to $15.97b)
  • 4Q adjusted operating margin 11.2%
  • 4Q Ground segment operating margin 15.0%
  • Sees FY adj EPS $12.45-$13.25 Before Yr-End MTM Adjustments
  • Sees FY adj EPS $13.20-$14.00 Ex. TNT Express Expenses
NOTE:
  • Shares up 1.4% since earnings release to $213 on 37,976 shares traded
  • 23 buys, 5 holds, 0 sells before today
  • Call 5pm (NY time), 800-500-0920 pw 2190019
Statement

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
FDX US (FedEx Corp)

People
Frederick Smith (FedEx Corp)

Topics
BFW U.S. Credit News

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UUID: 7947283