SA: Will FedEx deliver earnings beat in Q4 despite cost pressures?

SEEKING ALPHA’s editor Jessica Kuruthukulangara writes:

FedEx (NYSE:FDX) is scheduled to announce Q4 earnings results on Thursday, Jun. 23, after market close.

Consensus EPS estimate is $6.88 (+37.3% Y/Y) and consensus revenue estimate is $24.56B (+8.7% Y/Y).

Over the last 2 years, FDX has beaten EPS estimates 75% of the time and revenue estimates 100% of the time.

Over the last 3 months, EPS estimates have seen 6 upward revisions and 3 downward. Revenue estimates have seen 4 upward revisions and 5 downward.

FDX recently reshuffled its board as part of a deal ...