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Oppenheimer Sees Slight Q1 Beat For FedEx Corporation

2014-09-16 00:47:40| Air Courier - Topix.net

FedEx Corporation is benefiting from a rebounding economic picture and may beat Wall Street's consensus when it posts fiscal first-quarter results Wednesday, an analyst said. Oppenheimer's Scott Schneeberger boosted his estimates Monday for FedEx's first-quarter sales and earnings to above investors' average expectations, and said the company could also unveil an additional share buyback plan as part of its earnings release.

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