Analysts bullish on FedEx

Share this article:

Barron's reported on November 16 on analysts' positive outlook for FedEx, saying it has “upside for the long haul,” mostly due to its international shipping business.

According to the feature, FedEx has “a growing footprint in big overseas markets like China, enough operating leverage to boost earnings when volumes ramp up and solid growth at its very profitable FedEx Ground unit.”

Keith Schoonmaker, senior stock analyst at Morningstar, goes so far as to say that FedEx and rival shipper UPS are “likely to become a global duopoly.”

FedEx reported in September that its 2010 fiscal first-quarter earnings fell 53%.

Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Direct Line Blog

Sign up to our newsletters

Latest Jobs:


Company of the week

Data Services, Inc. meets the needs of today's data-driven marketer by providing front-end database management and data analytics platforms alongside our expertise in global contact data quality, database building and ongoing maintenance that comes with our 45+ years in business.


Find out more here »

More in Direct Line Blog

Ad Event Promises a Clapton Show, But All It Gives You Is the Line

Ad Event Promises a Clapton Show, But All ...

Digital advertising gurus must be rock stars, after all. They draw long lines whether or not they're on the tops of their games.

Sports Box Out the Arts in Brand Sponsorship

Sports Box Out the Arts in Brand Sponsorship

69% of the $19 billion spent on marketing sponsorships in the U.S. last year went to sports. Only 5% went to the arts.

Stepping Stones to Marketing Success

Stepping Stones to Marketing Success

DMN's 2014 40 Under 40 Award winners discuss how their very first job make an impact on their marketing career.