FedEx admits first quarter tougher than expected in disappointing earnings report
FedEx Corp. missed Wall Street’s earnings consensus by $1.16 a share. (AP file)
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
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FedEx FedEx earnings Raj Subramaniam John Dietrich Brie CarereJane Roberts
Longtime journalist Jane Roberts is a Minnesotan by birth and a Memphian by choice. She's lived and reported in the city more than two decades. She covers business news and features for The Daily Memphian.
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