BUZZ-FedEx down after drop in quarterly earnings

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BUZZ-FedEx down after drop in quarterly earnings

Reuters09-20

** Shares of parcel delivery company FedEx fall 8.5% to $275 after the bell

** FDX reports lower Q1 profit and lowers the top end of its full year profit forecast

** Company now expects fiscal 2025 adj. operating income in the range of $20 to $21 per share, vs prior forecast of $20 to $22

** Posts Q1 earnings of $3.60/shr, vs $4.55 a year ago

** FDX has risen 18.6%, YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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