FedEx (FDX) Falls on Weak Outlook, Takes UPS (UPS) With It

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Fedex Corp. (FDX) Tops Q1 EPS by 5c; Guides Q2, Cuts FY13 EPS Outlook

September 18, 2012 7:31 AM EDT

Fedex Corp. (NYSE: FDX) reported Q1 EPS of $1.45, $0.05 better than the analyst estimate of $1.40. Revenue for the quarter came in at $10.79 billion versus the consensus estimate of $10.7 billion.

Fedex Corp. sees Q2 2013 EPS of $1.30-1.45, versus the consensus of $1.67.

Sees FY13 EPS of... More