FedEx Q1 Earnings & Revenues Lag Estimates, View Down

FedEx Corporation (FDX) reported disappointing first-quarter fiscal 2025 results wherein both earnings and revenues lagged the Zacks Consensus Estimate. Quarterly earnings per share (EPS) (excluding 39 cents from non-recurring items) of $3.60 missed the Zacks Consensus Estimate of$4.82 and declined 20.8% year over year. Revenues of $21.6 billion fell short of the Zacks Consensus Estimate of$22.1 billion and fell 0.5% from the year-ago fiscal quarter’s reported figure.Quarterly results were unfavorably imp ...