Home / FedEx / Winter storms hurt FedEx third-quarter results, shares fall

Winter storms hurt FedEx third-quarter results, shares fall

(Reuters) – FedEx Corp , the world's No. 2 package delivery company, posted lower-than-expected results on Wednesday and forecast a weaker full year profit view, saying it was significantly hurt by winter storms. For the full year the company now expects to earn $6.55-6.80 a share, while analysts on average were looking at earnings of $6.89 a share, as per Thomson Reuters IBES. FedEx's numbers …

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