FedEx (FDX) Reports Q3 Earnings: What Key Metrics Have to Say

For the quarter ended February 2024, FedEx (FDX) reported revenue of $21.7 billion, down 2.1% over the same period last year. EPS came in at$ 3.86, compared to $3.41 in the year-ago quarter.The reported revenue represents a surprise of -1.47% over the Zacks Consensus Estimate of$ 22.02 billion. With the consensus EPS estimate being $3.49, the EPS surprise was +10.60%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...