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FedEx (FDX) Lags Q1 Earnings Estimates
FedEx (FDX) came out with quarterly earnings of $4.37 per share, missing the Zacks Consensus Estimate of $4.96 per share. This compares to earnings of $4.87 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -11.90%. A quarter ago, it was expected that this package delivery company would post earnings of $5.04 per share when it actually produced earnings of $5.01, delivering a surprise of -0.60%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
FedEx, which belongs to the Zacks Transportation - Air Freight and Cargo industry, posted revenues of $22 billion for the quarter ended August 2021, surpassing the Zacks Consensus Estimate by 0.90%. This compares to year-ago revenues of $19.32 billion.
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https://finviz.com/quote.ashx?t=FDX&ty=c&p=d&b=1
![[Bild: FDXd091626114i.png]](https://finviz.com/publish/092221/FDXd091626114i.png)
FedEx (FDX) came out with quarterly earnings of $4.37 per share, missing the Zacks Consensus Estimate of $4.96 per share. This compares to earnings of $4.87 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -11.90%. A quarter ago, it was expected that this package delivery company would post earnings of $5.04 per share when it actually produced earnings of $5.01, delivering a surprise of -0.60%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
FedEx, which belongs to the Zacks Transportation - Air Freight and Cargo industry, posted revenues of $22 billion for the quarter ended August 2021, surpassing the Zacks Consensus Estimate by 0.90%. This compares to year-ago revenues of $19.32 billion.
...
https://finviz.com/quote.ashx?t=FDX&ty=c&p=d&b=1
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