On Sept. 19, 2024, FedEx Corporation (FDX) posted disastrous first-quarter fiscal 2025 (ended Aug 31, 2024) results, reporting lower-than-expected earnings per share and revenues. The transportation heavyweight also lowered its fiscal 2025 earnings per share outlook, highlighting the weak demand scenario.Brief Recap of FDX’s Q1 Performance & FY25 ViewQuarterly earnings per share (excluding 39 cents from non-recurring items) of $3.60 missed the Zacks Consensus Estimate of $4.82 and declined 20.8% year over y ...