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News

Earnings for September 16: FDX & CBRL

Ani G Sep 16, 2015

1. FedEx Misses Q1 EPS

Earnings

FedEx (FDX ) reported Q1 EPS of $2.42, 3 cents worse than the analyst estimate of $2.45.

Revenue

Revenue for the quarter came in at $12.3 billion, versus the consensus estimate of $12.3 billion.

Outlook

FedEx sees FY2016 EPS of $10.40 – $10.90, versus prior guidance of $10.60 – $11.10 and the consensus of $10.82.

2. Cracker Barrel Tops Q4 EPS

Earnings

Cracker Barrel (CBRL ) reported Q4 EPS of $1.97, 11 cents better than the analyst estimate of $1.86.

Revenue

Revenue for the quarter came in at $719.2 million, versus the consensus estimate of $724.29 million.

Outlook

The company sees FY2015 EPS of $7.15 – $7.30, with estimates at $7.24. CBRL also sees revenue of $2.90 – $2.95 billion, versus $2.95 billion expected on the Street.

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