These Analysts Slash Their Forecasts On FedEx After Q3 Earnings

FedEx Corp. FDX posted weaker-than-expected earnings for its third-quarter results after Thursday’s closing bell.FedEx reported quarterly earnings of $4.51 per share, which missed the analyst consensus estimate of $4.54. Quarterly revenue came in at $22.2 billion, which beat the analyst consensus estimate of $21.89 billion and is up from revenue of $21.7 billion from the same period last year."The FedEx team delivered improved profitability, while navigating a very challenging operating environment, includi ...