FedEx (FDX) Q1 Earnings and Revenues Lag Estimates
FedEx (FDX) came out with quarterly earnings of $3.05 per share, missing the Zacks Consensus Estimate of $3.17 per share. This compares to earnings of $3.46 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -3.79%. A quarter ago, it was expected that this package delivery company would post earnings of $4.81 per share when it actually produced earnings of $5.01, delivering a surprise of 4.16%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
FedEx, which belongs to the Zacks Transportation - Air Freight and Cargo industry, posted revenues of $17.05 billion for the quarter ended August 2019, missing the Zacks Consensus Estimate by 0.51%. This compares to year-ago revenues of $17.05 billion.
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https://finance.yahoo.com/news/fedex-fdx...09037.html
FedEx (FDX) came out with quarterly earnings of $3.05 per share, missing the Zacks Consensus Estimate of $3.17 per share. This compares to earnings of $3.46 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -3.79%. A quarter ago, it was expected that this package delivery company would post earnings of $4.81 per share when it actually produced earnings of $5.01, delivering a surprise of 4.16%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
FedEx, which belongs to the Zacks Transportation - Air Freight and Cargo industry, posted revenues of $17.05 billion for the quarter ended August 2019, missing the Zacks Consensus Estimate by 0.51%. This compares to year-ago revenues of $17.05 billion.
...
https://finance.yahoo.com/news/fedex-fdx...09037.html
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