FedEx Fails to Deliver on Earnings and Guidance
March 20, 2013 at 09:04 AM EDT
FedEx (NYSE: FDX ) is down on Wednesday after reporting lackluster earnings and guidance. The Memphis, Tennessee-based firm reported third quarter earnings of $1.23 per share, dropping nearly 21 percent year-over-year. This figure also fell short of the Wall Street consensus of $1.38. Revenue finished up close to four percent
