Benzinga | Sep 21, 2021 04:04PM EDT

FedEx Q1 Adj. EPS $4.37 Misses $5.00 Estimate, Sales $22.00B Beat $21.91B Estimate

FedEx (NYSE:FDX) reported quarterly earnings of $4.37 per share which missed the analyst consensus estimate of $5.00 by 12.6 percent. This is a 10.27 percent decrease over earnings of $4.87 per share from the same period last year. The company reported quarterly sales of $22.00 billion which beat the analyst consensus estimate of $21.91 billion by 0.41 percent. This is a 13.87 percent increase over sales of $19.32 billion the same period last year.