FedEx Corp. shares fell much than 3% successful extended trading Tuesday aft the shipping and logistics institution lowered its outlook for the year, saying that the outgo of doing concern roseate much than it expected acknowledgment to supply-chain disruptions and a choky labour market.
FedEx FDX said it earned $1.11 billion, oregon $4.09 a share, successful the fiscal archetypal quarter, compared with $1.25 billion, oregon $4.72 a share, successful the year-ago period. Adjusted for one-time items, the shipping and logistics institution earned $4.37 a share.
Revenue...
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