But....but....KJP says we are NOT in a recession

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Posted by Ed Gooding (VA) on September 17, 2022 at 04:50:13 [URL] [DELETE] :

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!


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