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Delivery firm comes up short in quarter

FedEx said it still expects full-year earnings of between $8.50 and $9 per share.Mike Blake/Reuters/File 2014

Memphis-based FedEx Corp.’s second-quarter earnings soared 23 percent, but the package delivery company missed forecasts, due partially to a lower-than-expected benefit from falling fuel prices. FedEx also said a jump in plane maintenance hurt gains from lower pension expenses and growth in export package revenue. Overall, FedEx earned $616 million, or $2.14 per share, in the period, up from $500 million, or $1.57, in last year’s quarter. Total revenue climbed 5 percent to $11.94 billion.