NEW YORK (TheStreet) -- Shares of FedEx Corp. (FDX) - Get Report are down by 2.11% to $172 in pre-market trading on Wednesday morning, after the package delivery service issued guidance for the fiscal 2015 full year that came in below what analysts are expecting.

FedEx is anticipating its 2015 earnings to be in a range between $8.80 and $8.95 per share, versus the $8.97 per share analysts are expecting.

Despite its guidance miss FedEx said its earnings for the fiscal 2015 third quarter were $2.01 per diluted share compared to the $1.87 per share analysts had forecast.

Revenue for the most recent quarter grew by 4% to $11.7 billion, in line with the $11.79 analysts predicted.

FedEx said it saw "significant net benefit" from lower fuel prices, and a 4% growth in U.S. domestic package volume. FedEx International Economy volume was also up by 4% in the 2015 third quarter.

"We had a very successful peak season as volumes grew across all transportation segments, and our profit improvement programs are moving ahead as scheduled. We believe our strategy is sound, our culture is unique, and our customers value our broad portfolio of business solutions," said company CEO Frederick Smith in a statement.

Separately, TheStreet Ratings team rates FEDEX CORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:

"We rate FEDEX CORP (FDX) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins."

You can view the full analysis from the report here: FDX Ratings Report

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