Morgan Stanley Expects FedEx Corporation To Beat F1Q15 Consensus

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In a report published Monday, Morgan Stanley analyst William J. Greene reiterated an Equal-Weight rating on
FedEx CorporationFDX
. In the report, Morgan Stanley noted, “We forecast FDX to earn $2.02/shr. in F1Q15, beating cons. of $1.94/shr. A beat isn't likely to cause FDX to adjust FY15 guidance, but could drive modest upside in shares. On the flip side, if we're wrong, we sense little investor tolerance for misses given the aggressive FY EPS growth guidance.” FedEx Corporation closed on Friday at $153.30.
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Posted In: Analyst ColorReiterationAnalyst RatingsMorgan StanleyWilliam J. Greene
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