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20.03.2019 20:31

Company News: FedEx (FDX) quarterly results miss analysts’ expectations

FedEx (FDX) reported Q3 FY 2019 earnings of $3.03 per share (versus $3.72 in Q3 FY 2018), missing analysts’ consensus estimate of $3.10.

The company’s quarterly revenues amounted to $17.010 bln (+2.9% y/y), missing analysts’ consensus estimate of $17.697 bln.

The company also issued downside guidance for FY 2019, lowering EPS to $15.10-15.90 from $15.50-16.60 versus analysts’ consensus estimate of $15.91.

FDX fell to $169.40 (-6.62%) in pre-market trading.


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Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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London 07:00 16:00 10:00 19:00 10:00 19:00
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