FedEx's earnings forecast indicates differently. Who ya gonna believe, folks?
FedEx Shares Plunge 23% - CEO Warns Big Problem is on the Horizon
According to Fortune, “As a result of this slowdown, FedEx is now forecasting fiscal second-quarter adjusted earnings per share of $2.75, compared with consensus estimates for $5.47, according to FactSet. And management added that it expects revenues of between $23.5 billion to $24 billion next quarter, compared with consensus estimates for $24.9 billion.”
Let's go, Brandon!