Investing.com - FedEx Corporation (NYSE:FDX) shares fell during Tuesday's post-bell session after the company reported fiscal first-quarter earnings below expectations, saying the quarter offered "significantly operational challenges" due to a cyberattack and Hurricane Harvey.
FedEx said it earned $2.19 a share in the quarter, down from $2.65 a share, in the year-ago period. Adjusted for one-time items, the company reported per-share earnings of $2.51, down from $2.82 a share a year ago and also below the $3.09 per share analysts were expecting.
Revenue rose to $15.3 billion in the quarter, from $14.7 billion a year ago, and was slightly below the analyst forecast for $15.35 billion.
The company issued downbeat full-year guidance, looking for EPS of $12.00-$12.80 vs. the $13.38 analyst consensus estimate.
Shares ended the regular trading session 0.5% higher and were down 2% after hours.