FedEx reported earnings on Tuesday that missed analyst estimates, but revenue was roughly in-line with expectations.
The company reported adjusted earnings per share of $2.35 on $15 billion in revenue. Wall Street had expected the company to post earnings of $2.62 a share on $14.99 billion in revenue, according to Thomson Reuters estimates.
The stock fell 3 percent in after-hours trade.
FedEx also said it still expects adjusted full-year earnings between $11.85 a share and $12.35 a share.
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