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Benzinga

Business

Adam Eckert

Why FedEx Shares Are Sliding Today

FedEx FedEx Corp NYSE

FedEx Corp (NYSE:FDX) shares are trading lower Friday morning after the company reported worse-than-expected earnings results.

FedEx reported fiscal third-quarter revenue of $23.6 billion, which beat the $23.44 billion estimate. The company reported quarterly adjusted earnings of $4.59 per share, which came in below the estimate for earnings of $4.64 per share.

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New plans for Trump's arch don't mention the 'military complex' he said it would host

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US arrests 2 dozen noncitizens in California over alleged illegal voter registration ahead of midterms

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