FedEx (FDX) Q3 Earnings Miss Estimates

FedEx (FDX) came out with quarterly earnings of $4.51 per share, missing the Zacks Consensus Estimate of $4.65 per share. This compares to earnings of $3.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.01%. A quarter ago, it was expected that this package delivery company would post earnings of $3.90 per share when it actually produced earnings of $4.05, delivering a surprise of 3.85%.Over the last four quarters, the com ...