FedEx (FDX) slashes its FQ1 earnings forecast to $1.37-$1.43/share from an earlier estimate of...

|About: FedEx Corporation (FDX)|By:, SA News Editor

FedEx (FDX) slashes its FQ1 earnings forecast to $1.37-$1.43/share from an earlier estimate of $1.45-$1.60, and vs. Street consensus of $1.56. "Weakness in the global economy constrained revenue growth at FedEx Express more than expected in earlier guidance." Shares -4% AH. (PR)