FedEx (FDX) Q1 Earnings and Revenues Miss Estimates

FedEx (FDX) came out with quarterly earnings of $3.60 per share, missing the Zacks Consensus Estimate of$ 4.82 per share. This compares to earnings of $4.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.31%. A quarter ago, it was expected that this package delivery company would post earnings of$ 5.34 per share when it actually produced earnings of $5.41, delivering a surprise of 1.31%.Over the last four quarters, the co ...