NEW YORK DETROIT, Sept 18 (Reuters) - Package delivery company FedEx Corp
said on Thursday that quarterly net profit fell, citing challenging global
economic conditions and high fuel prices.
The Memphis, Tennessee-based company reported a first-quarter fiscal 2009
net profit of $384 million, or $1.23 a share, compared with $494 million, or
$1.58 a share, a year earlier.
Wall Street analysts had on average expected earnings per share for the
quarter of $1.23, according to Reuters Estimates.
(Reporting by Nick Carey; Editing by Steve Orlofsky) Keywords: FEDEX
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Chuck Mikolajczak
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