Fedex corp reports qtrly adjusted earnings per share of $1.41

. reports third quarter results.fiscal 2020 outlook suspended due to covid-19 uncertainty.fiscal 2020 outlook suspended due to covid-19 uncertainty.qtrly adjusted earnings per share $1.41.remain well positioned to assist our customers as they work to manage their supply chains and inventories.operating results declined due to weaker global economic conditions including impact of coronavirus.qtrly impact per diluted share due to tnt express integration expenses of $0.21.qtrly earnings per share $1.20.remain well positioned to assist customers as they work to manage their supply chains and inventories.to mitigate near-term headwinds and position company for future earnings growth, are attacking costs throughout company.qtrly revenue $17.5 billion versus $17.0 billion.attacking costs throughout company by managing capacity, retiring oldest and least-efficient aircraft, integrating tnt express.qtrly fedex express segement gaap operating income $137 million versus $389 million.q3 earnings per share view $1.41, revenue view $16.89 billion -- refinitiv ibes data.lowering residential delivery costs by having fedex ground deliver fedex smartpost & certain day-definite fedex express packages.
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