Stockreport
Q3 Earnings Loom: What Can Investors Expect? [Yahoo! Finance]
Last costco wholesale corporation earnings: 3/5 04:15 pm
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
reasonable to see this report as providing a read-through for the broader economy that has shown signs of moderation lately. In fact, these signs of macroeconomic softness prompted the U.S. Fed to come out with a bigger interest rate than many in the market expected just a few weeks ago. FedEx missed on the top- and bottom-lines and guided lower, with several analysts covering the stock skeptical of the company's ability to meet even the lowered guidance. Margins were under pressure as FedEx's earnings declined -23% from the year-earlier period on -0.5% lower revenues. The company cited weak demand as a key driver of the earnings miss, but this factor is likely weighing on pricing trends as well. The FedEx report was for its fiscal first quarter that ended in August, which we and other data vendors consider part of the September-quarter tally. The results in recent days from Oracle ORCL and Lennar LEN were also for the companies' fiscal quarters ending in August and, therefore, ge
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