FedEx Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component FedEx (NYSE:FDX) will unveil its latest earnings on Tuesday, June 19, 2012. FedEx provides various transportation, e-commerce and business services.

FedEx Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of $1.92 per share, a rise of 9.7% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.97. Between one and three months ago, the average estimate moved down. It also has dropped from $1.93 during the last month. For the year, analysts are projecting profit of $6.50 per share, a rise of 32.7% from last year.

Past Earnings Performance: Last quarter, the company beat estimates by 19 cents, coming in at net income of $1.55 per share against an estimate of profit of. The company also topped expectations in the second quarter.

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Stock Price Performance: Between March 19, 2012 and June 13, 2012, the stock price fell $8.70 (-9.2%), from $94.89 to $86.19. The stock price saw one of its best stretches over the last year between January 5, 2012 and January 12, 2012, when shares rose for six straight days, increasing 8.4% (+$7.10) over that span. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight days, dropping 9.3% (-$8.64) over that span.

Wall St. Revenue Expectations: Analysts are projecting a rise of 5.5% in revenue from the year-earlier quarter to $11.13 billion.

Analyst Ratings: With 18 analysts rating the stock a buy, none rating it a sell and four rating the stock a hold, there are indications of a bullish stance by analysts.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.59 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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