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FedEx (FDX) Lags Q2 Earnings and Revenue Estimates
FedEx (FDX) came out with quarterly earnings of $2.51 per share, missing the Zacks Consensus Estimate of $2.79 per share. This compares to earnings of $4.03 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -10.04%. A quarter ago, it was expected that this package delivery company would post earnings of $3.17 per share when it actually produced earnings of $3.05, delivering a surprise of -3.79%.
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 $17.32 billion for the quarter ended November 2019, missing the Zacks Consensus Estimate by 1.40%. This compares to year-ago revenues of $17.82 billion.
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https://finance.yahoo.com/news/fedex-fdx...10843.html
![[Bild: FDXc1dl0312.png]](https://finviz.com/publish/121919/FDXc1dl0312.png)
FedEx (FDX) came out with quarterly earnings of $2.51 per share, missing the Zacks Consensus Estimate of $2.79 per share. This compares to earnings of $4.03 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -10.04%. A quarter ago, it was expected that this package delivery company would post earnings of $3.17 per share when it actually produced earnings of $3.05, delivering a surprise of -3.79%.
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 $17.32 billion for the quarter ended November 2019, missing the Zacks Consensus Estimate by 1.40%. This compares to year-ago revenues of $17.82 billion.
...
https://finance.yahoo.com/news/fedex-fdx...10843.html
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