What Analysts Think of FedEx's Stock Ahead of Earnings
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FedEx (FDX) is expected to report its fiscal second-quarter earnings with a slight revenue decline, but analysts anticipate a return to growth in subsequent quarters.
December 16, 2024 | 10:45 am
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FedEx is expected to report a slight decline in revenue for its fiscal second-quarter earnings, but analysts are optimistic about a return to growth in future quarters.
The news indicates a short-term revenue decline for FedEx, which may not significantly impact the stock price as analysts expect growth in future quarters. The market may have already priced in the expected decline.
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