LIVE: FedEx Announces Earnings
REUTERS/Mike Blake
FedEx just published its fiscal Q3 financial results, and the numbers look weak.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.