$FDX FedEx Q2 FY24 (ending Nov. 2023).
• Revenue -3% Y/Y to $22.2B ($0.2B miss).
• Non-GAAP EPS $3.99 ($0.21 miss).
Volume weakness offset by cost actions.
FY24 guidance:
• Low single-digit decline (flat previously).
• Non-GAAP EPS ~$17.8 ($18.2 expected).
• Revenue -3% Y/Y to $22.2B ($0.2B miss).
• Non-GAAP EPS $3.99 ($0.21 miss).
Volume weakness offset by cost actions.
FY24 guidance:
• Low single-digit decline (flat previously).
• Non-GAAP EPS ~$17.8 ($18.2 expected).