FedEx Corporation's (FDX – Analyst Report) second-quarter fiscal 2015 (ended Nov 30, 2014) earnings of $2.14 per share fell well short of the Zacks Consensus Estimate of $2.22 per share. The earnings miss was primarily attributable to lower-than-expected revenues in the quarter. Moreover, results were hurt by higher aircraft maintenance expense. The earnings miss resulted in the stock declining in early trading.
FedEx Earnings Miss Estimates On Soft Sales In Q2
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