Summary
FedEx on Wednesday offered a conservative outlook for its new fiscal year even as strong exports from Asia led to healthy fourth- quarter results.
The forecast for earnings of $4.40 to $5 per share, falls short of analysts' predictions of $5.05 per share. But it's the first time the company has issued a full-year forecast since before the recession, indicating growing confidence in the long-term recovery in global trade.See the full content of this document
Extract
Fedex Issues Conservative Outlook, 4q Income Up
FedEx said international express shipments ...
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