FedEx Misses Earnings Estimates, Downgrades Full Year Outlook – ValueWalk Premium
FedEx

FedEx Misses Earnings Estimates, Downgrades Full Year Outlook

FedEx reported fiscal first quarter earnings this morning that came below Wall Street estimates. FedEx reported earnings per share of $2.42 on revenue of $12.3 billion.  Analysts were looking for first quarter earnings to come in at $2.45-$2.46 earnings per share on revenue of $12.3 billion.  The quarter also led to management revising full fiscal year earnings downward.  Prior . . .

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