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The Memphis. Tenn.-based delivery heavyweight reported earnings per share of $3.60, down from $4.55 a year ago and below the consensus target of $4.76. FedEx (FDX) revenue dipped to $21.6 billion, vs. $21.7 billion a year ago. Analysts expected $21.93 billion. Management trimmed its full-year revenue guidance to low single digits, down from low-to-mid single digits. It set an EPS target, minus items, of $20 to $21 per share. Consensus views see $20.71. The company also said it had completed a $1...
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