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
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
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