Company News: FedEx (FDX) Q2 EPS miss analysts’ estimate

Market news

21 December 2016

Company News: FedEx (FDX) Q2 EPS miss analysts’ estimate

FedEx reported Q2 FY 2017 earnings of $2.80 per share (versus $2.58 in Q2 FY 2016), missing analysts' consensus estimate of $2.91.

The company's quarterly revenues amounted to $14.900 bln (+19.2% y/y), generally in-line with analysts' consensus estimate of $14.914 bln.

FDX fell to $193.51 (-2.63%) in pre-market trading.

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