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LIVE: FedEx Announces Earnings

Mar 19, 2014, 17:01 IST

REUTERS/Mike BlakeA FedEx delivery truck is seen in San Diego, California December 5, 2013.

FedEx just published its fiscal Q3 financial results, and the numbers look weak.

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The company earned $1.23 per share, which was far short of the $1.46 forecasted by analysts.

Revenue came in at $11.3 billion, miss expectations for $11.43 billion.

FedEx delivers packages around the world. As such, it is widely considered a bellwether of economic activity.

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