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 4.82 and declined 20.8% year over year. Revenues of 22.1 billion and fell 0.5% from the year-ago fiscal quarter’s reported figure.Quarterly results were unfavorably imp ...