In tough Q2 environment, FedEx Express buffeted by winds

By , Daily Memphian Updated: December 19, 2023 10:11 PM CT | Published: December 19, 2023 8:49 PM CT

FedEx missed Wall Street’s expectations on markers across the board, including earnings per share and operating margin. The street expected an EPS of $4.19 and a margin of 6.6%. FedEx delivered $3.99 and 6.4%.

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FedEx Corp. Raj Subramaniam Brie Carere Mark Cronin
Jane Roberts

Jane 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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