Federal Express has said fiscal third-quarter profit of $ 562 million, up 11 percent from a year ago, or $ 2.35 a share. Which is far lower than Zacks Investment Research survey 11 analysts forecast $ 2.63 per share. Compared with $ 692 million, or $ 2.51 a share, for the same period last year.

FedEx's revenue and profit growth during the holiday season, but fuel costs will be maintained under the profit forecast.

Large freight companies continue to benefit from the growth of online shopping, the largest number of holiday season packaging is the largest. The downside is that it is different from the commercial delivery, and the delivery to the consumer is scattered and the delivery cost is higher.

Fuel costs for the FedEx business rose 26%. Ground units of labor costs and rents rose double digits.

Despite a loss in third consecutive quarters, FedEx will continue to expect revenue for the fiscal year ending May to $ 11.85 to $ 12.35, excluding expenses related to TNT. When TNT costs are included, FedEx expects the diluted earnings per share for the 2017 fiscal year to be between $ 10.8 and $ 11.3. The expectation includes TNT Express performance and expectations of modest economic growth.

Revenue for the third quarter rose 19 percent to $ 15 billion, up from $ 14.96 billion in eight Zacks analysts.