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South Memphis

FedEx earnings surge, but fall short of expectations

By , Daily Memphian Updated: September 17, 2018 7:23 PM CT | Published: September 17, 2018 5:48 PM CT
<strong>Memphis-based FedEx reported adjusted earnings of $3.46 a share in the June-August quarter.</strong> (Houston Cofield/Daily Memphian)

Memphis-based FedEx reported adjusted earnings of $3.46 a share in the June-August quarter. (Houston Cofield/Daily Memphian)

FedEx earnings rose nearly 38 percent in the June-August quarter from a year ago, but fell short of analysts’ expectations.

Topics

Alan B. Graf Jr. FedEx Fred Smith
Wayne Risher

Wayne Risher

Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.

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