• Company News: FedEx (FDX) quarterly results miss analysts’ expectations

Notícias do Mercado

20 março 2019

Company News: FedEx (FDX) quarterly results miss analysts’ expectations

FedEx (FDX) reported Q3 FY 2019 earnings of $3.03 per share (versus $3.72 in Q3 FY 2018), missing analysts’ consensus estimate of $3.10.

The company’s quarterly revenues amounted to $17.010 bln (+2.9% y/y), missing analysts’ consensus estimate of $17.697 bln.

The company also issued downside guidance for FY 2019, lowering EPS to $15.10-15.90 from $15.50-16.60 versus analysts’ consensus estimate of $15.91.

FDX fell to $169.40 (-6.62%) in pre-market trading.

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