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FedEx Beats Estimates but Guidance is Light
Shares of the shipping giant are up after a Q4 earnings beat, but guidance is weaker going forward. Donald Broughton, Avondale Partners, and Jim Corridore, Standard & Poor's, discuss their "buy" rating on the stock and where they see the next price target headed.
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FedEx Beats Estimates but Guidance is Light
Shares of the shipping giant are up after a Q4 earnings beat, but guidance is weaker going forward. Donald Broughton, Avondale Partners, and Jim Corridore, Standard & Poor's, discuss their "buy" rating on the stock and where they see the next price target headed.
Date: 6/19/12
Views: 169
Video by:
CNBC
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