Why Fedex Corporation Stock Dropped Today

newsfeedback@fool.com (Steve Symington), The Motley Fool
Tue, 09/18/2018 - 11:48am

Shares of FedEx (NYSE: FDX) were down 4.9% as of 2 p.m. EDT on Tuesday after the courier delivery services giant announced mixed results for the 2019 fiscal first quarter.More specifically, FedEx's quarterly revenue climbed 11.8% year over year to $17.1 billion, which translated to adjusted (non-GAAP) earnings of $3.46 per diluted share, up from $2.51 in the year-ago period.

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Topics:  fedex nyse   fdx    fedex   eps   images   revenue   year   
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