FDX - FedEx Stock Takes A Hit After The Company Posts Weak Q2 Financial Results | Benzinga
FedEx Corporation (NYSE: FDX) shares are trading lower in Tuesday's after-hours session after the company reported worse-than-expected second-quarter financial results. Here are the metrics which are moving the stock.
What To Know: FedEx reported quarterly earnings of $3.99 per share, falling short of the Street's estimate of $4.19, a 25.47% increase over earnings of $3.18 per share from the same period last year.
The company reported quarterly sales of $22.20 billion which missed analyst expectations of $22.39 billion. The figure marks a 2.69% decrease over sales of $22.81 billion the ...