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FedEx's Q2 revenue and adjusted earnings per share both fell short of expectations

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On December 20th, FedEx announced an adjusted operating profit of $1.42 billion for the second quarter, with analysts expecting $1.49 billion; The second quarter revenue was $22.2 billion, with analysts expecting $22.41 billion; The adjusted earnings per share for the second quarter were $3.99, with analysts expecting $4.19; Maintain the annual adjusted earnings per share expectation at $17.00- $18.50, while analysts expect $18.22; It is expected that the revenue for the fiscal year 2024 will experience a relatively low decrease in the range of 0% -10%, which was originally expected to remain stable.
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