Trending: FedEx Posts Lower 1Q Profit, Revenue
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Dow Jones
1001 ET -- FedEx is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. FedEx posted a 1Q profit of $790 million, or $3.21 a share, compared with $1.08 billion, or $4.23 a share, in last year's quarter. Adjusted per-share earnings were $3.60, missing the $4.75 that analysts polled by FactSet forecast. Revenue fell 0.5% to $21.6 billion, slightly below the average analyst estimate. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)
(END) Dow Jones Newswires
September 20, 2024 10:16 ET (14:16 GMT)
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