- Company News: FedEx (FDX) quarterly results miss analysts’ estimates
Notícias do Mercado
18 dezembro 2019
Company News: FedEx (FDX) quarterly results miss analysts’ estimates
FedEx (FDX) reported Q2 FY 2020 earnings of $2.51 per share (versus $4.03 in Q2 FY 2019), missing analysts' consensus estimate of $2.78.
The company's quarterly revenues amounted to $17.324 bln (-2.8% y/y), missing analysts' consensus estimate of $17.685 bln.
The company also issued downside guidance for FY 2020, projecting EPS of $10.25-11.50, down from its prior guidance of $11.00-13.00, vs. analysts' consensus estimate of $12.02.
FDX fell to $151.04 (-7.47%) in pre-market trading.
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