Close

FedEx (FDX) Misses Q1 EPS by 58c, Cuts FY Guidance

Go back to FedEx (FDX) Misses Q1 EPS by 58c, Cuts FY Guidance

FedEx Corp. Reports First Quarter Earnings

September 19, 2017 4:15 PM EDT

Cyberattack Lowers Results

MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) today reported earnings of $2.19 per diluted share ($2.51 per diluted share on an adjusted basis) for the first quarter ended August 31, compared to earnings of $2.65 per diluted share ($2.82 per diluted share on an adjusted basis) a year ago. Both as-reported and adjusted earnings reflect the estimated negative impact of the June 27 cyberattack affecting TNT Express ($0.79 per diluted share) and Hurricane Harvey ($0.02 per diluted share).

This years and last years quarterly consolidated earnings have been adjusted for:

       

Impact per diluted share

   

First Quarter

... More