FDX
$192.80
Fedex
$.61
.32%

Earnings History

Earnings
Revenue
Reaction
Drift
Reaffirms
FY 2012
12/15/2011
7:30:00 AM
$6.25 to $6.75
earnings of $6.30
8.0%
5.4%
Guidance:
Consensus:
FedEx Reaffirms

FedEx Corp. said it expects third quarter earnings of $1.25 to $1.45 per share and continues to expect fiscal year 2012 earnings of $6.25 to $6.75 per share. The current consensus earnings estimate is $1.33 per share for the quarter ending February 29, 2012 and earnings of $6.30 per share for the year ending May 31, 2012.
In-line Guidance
Q 05/2012
3/22/2012
7:30:01 AM
$1.75 to $2.00
$1.98
-3.5%
-1.7%
Guidance:
Consensus:
FedEx Guides In-line

FedEx Corp. said it expects fourth quarter earnings of $1.75 to $2.00 per share. The current consensus earnings estimate is $1.98 per share for the quarter ending May 31, 2012.
EPS Below Estimates
Q 08/2012
6/19/2012
7:30:01 AM
$1.45 to $1.60
$1.70
2.8%
0.6%
Guidance:
Consensus:
FedEx Guides Below Estimates

FedEx Corp. said it expects first quarter earnings of $1.45 to $1.60 per share. The current consensus earnings estimate is $1.70 per share for the quarter ending August 31, 2012. The company also said it expects fiscal 2013 earnings of $6.90 to $7.40 per share. The current consensus earnings estimate is $7.43 per share for the year ending May 31, 2013.
EPS Below Estimates
Q 08/2012
9/4/2012
5:18:00 PM
$1.37 to $1.43
$1.56
-2.0%
4.1%
Guidance:
Consensus:
FedEx Warns

FedEx Corp. said it expects first quarter earnings of $1.37 to $1.43 per share. The company's previous guidance was earnings of $1.45 to $1.60 per share and the current consensus earnings estimate is $1.56 per share for the quarter ending August 31, 2012.
EPS Below Estimates
Q 11/2012
9/18/2012
7:30:00 AM
$1.30 to $1.45
$1.68
-3.1%
-2.8%
Guidance:
Consensus:
FedEx Lowers Guidance

FedEx Corp. said it expects second quarter earnings of $1.30 to $1.45 per share and now expects fiscal 2013 earnings of $6.20 to $6.60 per share. The company's previous guidance was for fiscal 2013 earnings of $6.90 to $7.40 per share. The current consensus earnings estimate is $1.68 per share for the quarter ending November 30, 2012 and earnings of $7.02 per share for the year ending May 31, 2013.
In-line Guidance
FY 2013
12/19/2012
7:30:00 AM
$6.20 to $6.60
earnings of $6.38
0.9%
-1.1%
Guidance:
Consensus:
FedEx Reaffirms for the Fiscal Year

FedEx Corp. said it expects third quarter earnings of $1.25 to $1.45 per share and continues to expect fiscal 2013 earnings of $6.20 to $6.60 per share. The current consensus earnings estimate is $1.45 per share for the quarter ending February 28, 2013 and earnings of $6.38 per share for the year ending May 31, 2013.
EPS Below Estimates
Q 05/2013
3/20/2013
7:30:01 AM
$1.92 to $2.10
$2.12
-6.9%
-4.3%
Guidance:
Consensus:
FedEx Guides Below Estimates

FedEx Corp. said it expects fourth quarter non-GAAP earnings of $1.92 to $2.10 per share. The current consensus earnings estimate is $2.12 per share for the quarter ending May 31, 2013.
EPS Below Estimates
FY 2014
6/19/2013
7:30:00 AM
$6.67 to $7.04
1.0%
-2.6%
Guidance:
Consensus:
FedEx Guides Below Estimates

FedEx Corp. said it expects fiscal 2014 earnings of $6.67 to $7.04 per share. The current consensus earnings estimate is $7.34 per share for the year ending May 31, 2014.
Reaffirms
FY 2014
9/18/2013
7:30:01 AM
$6.67 to $7.04
$6.96
5.1%
0.3%
Guidance:
Consensus:
FedEx Reaffirms

FedEx Corp. said it continues to expect fiscal 2014 earnings of $6.67 to $7.04 per share. The current consensus earnings estimate is $6.96 per share for the year ending May 31, 2014.
Raises Guidance In-line with Estimates
FY 2014
12/18/2013
7:30:00 AM
$6.73 to $7.10
$7.05
0.5%
3.8%
Guidance:
Consensus:
FedEx Raises Guidance to be In-line with Estimates

FedEx Corp. said it now expects fiscal 2014 earnings of $6.73 to $7.10 per share. The company's previous guidance was earnings of $6.67 to $7.04 per share and the current consensus earnings estimate is $7.05 per share for the year ending May 31, 2014.
In-line Guidance
Q 05/2014
3/19/2014
7:30:22 AM
$2.25 to $2.50
$2.32
-0.1%
-4.3%
Guidance:
Consensus:
FedEx Guides In-line for the Fourth Quarter

FedEx Corp. said it expects fourth quarter earnings of $2.25 to $2.50 per share. The current consensus earnings estimate is $2.32 per share for the quarter ending May 31, 2014.
In-line Guidance
FY 2015
6/18/2014
7:30:05 AM
$8.50 to $9.00
6.2%
4.2%
Guidance:
Consensus:
FedEx Guides In-line

FedEx Corp. said it expects fiscal 2015 earnings of $8.50 to $9.00 per share. The current consensus earnings estimate is $8.72 per share for the year ending May 31, 2015.
Reaffirms
FY 2015
9/17/2014
7:30:02 AM
$8.50 to $9.00
$8.85
3.3%
-0.2%
Guidance:
Consensus:
FedEx Reaffirms

FedEx Corp. said it continues to expect fiscal 2015 earnings of $8.50 to $9.00 per share. The current consensus earnings estimate is $8.85 per share for the year ending May 31, 2015.
Reaffirms
FY 2015
12/17/2014
7:30:13 AM
$8.50 to $9.00
$9.00
-3.7%
3.9%
Guidance:
Consensus:
FedEx Reaffirms

FedEx Corp. said it continues to expect fiscal 2015 earnings of $8.50 to $9.00 per share. The current consensus earnings estimate is $9.00 per share for the year ending May 31, 2015.
Reaffirms
FY 2015
1/23/2015
10:23:01 AM
$8.50 to $9.00
$8.94
-3.0%
-4.8%
Guidance:
Consensus:
FedEx Corp.

FedEx Corp. said it continues to expect fiscal 2015 earnings of $8.50 to $9.00 per share. The current consensus earnings estimate is $8.94 per share for the year ending May 31, 2015.
Narrows Guidance Below Estimates
FY 2015
3/18/2015
7:30:00 AM
$8.80 to $8.95
$8.97
-1.4%
-3.8%
Guidance:
Consensus:
FedEx Narrows Guidance Below Estimates

FedEx Corp. said it now expects fiscal 2015 earnings of $8.80 to $8.95 per share. The company's previous guidance was earnings of $8.50 to $9.00 per share and the current consensus earnings estimate is $8.97 per share for the year ending May 31, 2015.
In-line Guidance
FY 2016
6/17/2015
7:30:01 AM
$10.60 to $11.10
-3.0%
-2.6%
Guidance:
Consensus:
FedEx Guides In-line

FedEx Corp. said it expects fiscal 2016 earnings of $10.60 to $11.10 per share. The current consensus earnings estimate is $10.88 per share for the year ending May 31, 2016.
Lowers Guidance In-line with Estimates
FY 2016
9/16/2015
7:30:01 AM
$10.40 to $10.96
$10.81
-2.8%
-5.1%
Guidance:
Consensus:
FedEx Lowers Guidance, but Remains In-line with Estimates

FedEx Corp. said it expects fiscal 2016 earnings of $10.40 to $10.96 per share. The company's previous guidance was earnings of $10.60 to $11.10 per share and the current consensus earnings estimate is $10.81 per share for the year ending May 31, 2016.
Narrows Guidance
FY 2016
12/16/2015
4:15:00 PM
$10.40 to $10.90
$10.52
2.0%
-4.6%
Guidance:
Consensus:
FedEx Narrows Guidance

FedEx Corp. said it now expects fiscal 2016 earnings of $10.40 to $10.90 per share. The company's previous guidance was earnings of $10.40 to $10.96 per share and the current consensus earnings estimate is $10.52 per share for the year ending May 31, 2016.
Narrows Guidance Above Estimates
FY 2016
3/16/2016
4:15:00 PM
$10.70 to $10.90
$10.54
11.8%
4.8%
Guidance:
Consensus:
FedEx Narrows Guidance Above Estimates

FedEx Corp. said it expects fiscal 2016 earnings of $10.70 to $10.90 per share. The company's previous guidance was earnings of $10.40 to $10.90 per share and the current consensus earnings estimate is $10.54 per share for the year ending May 31, 2016.
In-line Guidance
FY 2017
6/21/2016
4:15:00 PM
$11.75 to $12.25
-4.5%
-7.3%
Guidance:
Consensus:
FedEx Guides In-line

FedEx Corp. said it expects fiscal 2017 earnings of $11.75 to $12.25 per share, excluding TNT Express. The current consensus earnings estimate is $12.10 per share for the year ending May 31, 2017.
Raises Guidance In-line with Estimates
FY 2017
9/20/2016
4:15:00 PM
$11.85 to $12.35
$11.89
6.9%
2.8%
Guidance:
Consensus:
FedEx Raises Guidance, but Remains In-line with Estimates

FedEx Corp. said it expects fiscal 2017 earnings of $11.85 to $12.35 per share, excluding TNT Express integration and restructuring costs. The company's previous guidance was earnings of $11.75 to $12.25 per share and the current consensus earnings estimate is $11.89 per share for the year ending May 31, 2017.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
12/15/2011
7:30:00 AM
Nov '11
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$1.57
$10.6 Bil
$1.55
$1.52
$10.6 Bil
1.3%
0.1%
75.6%
9.9%
3.7%
5.4%
3/22/2012
7:30:01 AM
Feb '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$1.55
$10.6 Bil
$1.40
$1.36
$10.6 Bil
10.7%
-0.6%
90.9%
9.3%
-2.6%
-1.7%
6/19/2012
7:30:01 AM
May '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$1.99
$11.0 Bil
$1.97
$1.92
$11.1 Bil
1.0%
-1.1%
13.6%
4.3%
-1.7%
0.6%
9/18/2012
7:30:00 AM
Aug '12
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$1.45
$10.8 Bil
$1.43
$1.40
$10.8 Bil
1.4%
0.2%
-1.1%
2.6%
-2.6%
-2.8%
12/19/2012
7:30:00 AM
Nov '12
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$1.39
$11.1 Bil
$1.44
$1.41
$10.8 Bil
-3.5%
2.5%
-11.9%
4.9%
0.8%
-1.1%
3/20/2013
7:30:01 AM
Feb '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$1.23
$11.0 Bil
$1.42
$1.38
$10.8 Bil
-13.4%
1.0%
-20.4%
3.7%
-4.2%
-4.3%
6/19/2013
7:30:00 AM
May '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$2.13
$11.4 Bil
$1.98
$1.96
$11.5 Bil
7.6%
-0.2%
7.1%
3.9%
1.5%
-2.6%
9/18/2013
7:30:01 AM
Aug '13
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$1.53
$11.0 Bil
$1.58
$1.49
$11.0 Bil
-3.2%
0.2%
6.5%
2.1%
2.3%
0.3%
12/18/2013
7:30:00 AM
Nov '13
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.57
$11.4 Bil
$1.68
$1.65
$11.4 Bil
-6.5%
-0.2%
14.2%
2.7%
-0.7%
3.8%
3/19/2014
7:30:22 AM
Feb '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.23
$11.3 Bil
$1.47
$1.51
$11.4 Bil
-16.3%
-1.1%
-3.0%
3.2%
-0.3%
-4.3%
6/18/2014
7:30:05 AM
May '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$2.46
$11.8 Bil
$2.43
$2.36
$11.7 Bil
1.2%
1.5%
7.5%
3.5%
3.6%
4.2%
9/17/2014
7:30:02 AM
Aug '14
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$2.10
$11.7 Bil
$1.98
$1.95
$11.5 Bil
6.1%
1.9%
23.9%
6.0%
3.3%
-0.2%
12/17/2014
7:30:13 AM
Nov '14
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$2.14
$11.9 Bil
$2.21
$2.22
$12.0 Bil
-3.2%
-0.3%
23.2%
4.7%
-2.6%
3.9%
3/18/2015
7:30:00 AM
Feb '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$2.01
$11.7 Bil
$1.91
$1.88
$11.8 Bil
5.2%
-0.6%
53.4%
3.7%
-2.2%
-3.8%
6/17/2015
7:30:01 AM
May '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$2.66
$12.1 Bil
$2.72
$2.70
$12.3 Bil
-2.2%
-1.8%
3.2%
2.3%
-2.3%
-2.6%
9/16/2015
7:30:01 AM
Aug '15
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$2.42
$12.3 Bil
$2.46
$2.44
$12.3 Bil
-1.6%
-0.5%
14.2%
5.1%
-1.7%
-5.1%
12/16/2015
4:15:00 PM
Nov '15
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$2.58
$12.5 Bil
$2.56
$2.51
$12.5 Bil
0.8%
-0.1%
18.3%
4.3%
5.4%
-4.6%
3/16/2016
4:15:00 PM
Feb '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$2.51
$12.7 Bil
$2.36
$2.33
$12.4 Bil
6.4%
2.4%
19.3%
8.4%
7.6%
4.8%
6/21/2016
4:15:00 PM
May '16
Q4 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$3.30
$13.0 Bil
$3.28
$3.26
$12.8 Bil
0.6%
1.6%
19.1%
7.1%
-1.1%
-7.3%
9/20/2016
4:15:00 PM
Aug '16
Q1 '17
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$2.90
$14.7 Bil
$2.82
$2.79
$14.4 Bil
2.8%
1.5%
12.7%
19.4%
4.9%
2.8%
EPS
Rev
-
-
-
$2.91
$14.8 Bil
-
-
12.8%
19.0%
EPS
Rev
-
-
-
$2.72
$14.9 Bil
-
-
8.4%
17.2%
6/22/2011
$91.44
$4.90
$39.30 Bil
-
-
-
6/19/2012
$91.01
$6.59
$42.68 Bil
34.5%
8.6%
-0.5%
6/19/2013
$100.54
$6.23
$44.29 Bil
-5.5%
3.8%
10.5%
6/18/2014
$148.95
$6.75
$45.57 Bil
8.3%
2.9%
48.1%
6/17/2015
$176.73
$8.95
$47.45 Bil
32.6%
4.1%
18.7%
6/21/2016
$163.95
$10.80
$50.37 Bil
20.7%
6.1%
-7.2%
6/21/2017
$192.80
$12.13
$59.78 Bil
12.3%
18.7%
17.6%
6/21/2018
$195.18
$13.53
$62.34 Bil
11.5%
4.3%
1.2%
6/21/2019
-
$14.77
-
9.2%
-
-

Price Projection

Current Value
$179
-7%
Projected Price
$195
1%