FedEx Corp. Reports Second Quarter Results
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FedEx (FDX) Extends Decline, Down 9.1%
December 18, 2019 9:34 AM ESTFedEx (NYSE: FDX) Extends Decline, Down 9.1%
... MoreFedEx (FDX) Misses Q2 EPS by 25c, Updates FY Guidance
December 17, 2019 4:03 PM ESTFedEx (NYSE: FDX) reported Q2 EPS of $2.51, $0.25 worse than the analyst estimate of $2.76. Revenue for the quarter came in at $17.3 billion versus the consensus estimate of $17.58 billion.
GUIDANCE:
FedEx sees FY2020 EPS of $10.25-$11.50, versus the consensus of $12.03.
FedEx is unable to forecast the fiscal 2020 year-end mark-to-market (MTM) retirement plan accounting adjustment. As a result, the company is unable to provide a fiscal 2020 earnings per share or effective... More
