FedEx stock falls after company misses Wall Street Q3 views

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

FedEx shares down 7% premarket after earnings, guidance miss lowered estimates

Shares of FedEx Corp. FDX, -0.54% fell more than 3% in the extended session Tuesday after the logistics company missed Wall Street's expectations for its fiscal third quarter, thanks in part to higher costs for its FedEx Ground business. FedEx said it earned $739 million, or $2.80 a share, in the quarter, compared with $2.07 billion, or $7.59 a share, in the year-ago period. Adjusted for one-time items, FedEx earned $797 million, or $3.03 a share, in the quarter, compared with $1.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

But but....the economy is great....trade deal.....dovish FED.....say it ain't so

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости