FedEx Earnings Miss Estimates On Soft Sales In Q2

FedEx Corporation’s (FDX - Analyst Report) second-quarter fiscal 2015 (ended Nov 30, 2014) earnings of $2.14 per share fell well short of the Zacks Consensus Estimate of $2.22 per share. The earnings miss was primarily attributable to lower-than-expected revenues in the quarter. Moreover, results were hurt by higher aircraft maintenance expense. The earnings miss resulted in the stock declining in early trading.

FedEx Corporation - Earnings Surprise | FindTheBest

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