FedEx Misses Estimates, But Raised Guidance - Presented by: The Aol. On Network

This morning, FedEx (FDX) reported fiscal second quarter earnings of $500 million, or $1.57 per share, as revenue rose by 3% to $11.4 billion. The logistics company missed Wall Street estimates for both earnings per share and revenue, but improved guidance prompted the stock to trade higher on Wednesday morning.



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