FedEx Corp. Reports Second Quarter Results

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Go back to FedEx Corp. Reports Second Quarter Results

FedEx (FDX) Extends Decline, Down 9.1%

December 18, 2019 9:34 AM EST

FedEx (NYSE: FDX) Extends Decline, Down 9.1%

... More

FedEx (FDX) Misses Q2 EPS by 25c, Updates FY Guidance

December 17, 2019 4:03 PM EST

FedEx (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