FedEx earnings expected to be strong, but…
Federal Express reports its fiscal first quarter after the closing bell on 21 September. While it is widely expected that revenues and profits will rise, traders are advised to watch the potential headwinds.
These are two-fold: the rise in the cost of fuel and a potential uptick in personnel costs.
As IGTV’s Jeremy Naylor explains these could take the stock further down.
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Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.