Failed delivery FedEx shares sank more than 9% in
Post# of 26943
![](/assets/46931549/no_avatar_available_thumb.jpg)
FedEx shares sank more than 9% in extended trading after the company said it expects its revenue for the fiscal year to decline by a low single digit. That’s below FedEx’s initial forecast for sales to remain flat year over year, and likely worse than analysts’ expectation of less than a 1% drop in revenue. The company’s adjusted earnings per share for the current quarter also disappointed.
![Like This Post](/images/thumb-up.png)
![Dislike This Post](/images/thumb-down.png)