FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street’s expectations, sending shares of the package-delivery giant lower in after-hours trade.

By Rashika Singh and Utkarsh Shetti (Reuters) -FedEx shares fell 5% on Wednesday after the logistics giant forecast first-quarter profit below Wall Street estimates and refrained from issuing an outlook for the year,

FedEx Corp. warned that its profit would be worse than expected this quarter and declined to offer guidance for the rest of the year, underscoring the significant impact that President Donald Trump’s trade war continues to have on its business.