FedEx cut its full year forecast earnings per share

Newest money newspaper shows, affected by the bad weather America earlier, Federal Express (FedEx Corp) third quarter earnings below expectations, and cut its 2014 profit forecast.
FedEx is expected full year earnings per share, will be between $6.55 to $6.8, down from a previous forecast of 6.73 to $7.1, also lower than market expectations of 6.9 dollars. This season earnings per share is expected between $2.25 to $2.5.
FedEx also released third quarter results, a profit of $378000000, or $1.23 per share, lower than market expectations of $1.45. Years ago a profit of $361000000, or $1.13 per share. Full year revenue increased 3% to $11300000000, also lower than market expectations of 11430000000 dollars.
MYEX Minya Express International
2014-03-24