FedEx Corp. Reports Increased Revenue, Operating Income
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
FedEx (FDX) Misses Q2 EPS by 10c, Offers FY EPS Guidance
December 20, 2016 4:17 PM EST(Updated - December 20, 2016 4:21 PM EST)
FedEx (NYSE: FDX) reported Q2 EPS of $2.80, $0.10 worse than the analyst estimate of $2.90. Revenue for the quarter came in at $14.9 billion vs. consensus estimate of $14.92 billion.
GUIDANCE:
FedEx sees FY2017 EPS of $11.85-$12.35, versus... More
