Package delivery company FedEx Corp reported a better-than-expected quarterly net profit on Wednesday but forecast full-year earnings below analysts' estimates as it looked for the global economy to grow at a lackluster rate. Memphis-based FedEx also said fuel expenses were reduced by 30 percent due to low oil prices but …
Read More »FedEx Earnings Surge Amid Lower Fuel Costs, Mild Weather
FedEx Corp. reported a 53% increase in earnings during the holiday quarter, boosted by lower fuel costs, milder weather and the shipping giant's recent restructuring moves. More: continued here
Read More »FedEx 3Q profit jumps, but revenue, outlook disappoint
FedEx Corp.'s third-quarter profit jumped more than 50 percent and beat Wall Street expectations on a mix of volume growth and lower fuel costs. The Memphis, Tennessee-based package delivery company's … More: continued here
Read More »FedEx (FDX) Stock Lower in Pre-Market Trading Today on Weak Guidance
NEW YORK (TheStreet) — Shares of FedEx Corp. are down by 2.11% to $172 in pre-market trading on Wednesday morning, after the package delivery service issued guidance for the fiscal 2015 full year that came in below what analysts are expecting. FedEx is anticipating its 2015 earnings to be in a …
Read More »FedEx Falls After Profit Forecast Narrowed on Currency, Bonuses
FedEx had reiterated a forecast of $8.50 to $9 a share on Jan. 23. She rates FedEx shares the equivalent of a buy. FedEx predicted global economic expansion of 2.8 percent for 2015, less than the company’s Dec. 17 outlook for a 3 percent gain. The shares fell 2.5 percent …
Read More »FedEx tops 3Q profit forecasts
FedEx Corp. (FDX) on Wednesday reported fiscal third-quarter profit of $580 million. The Memphis, Tennessee-based company said it had profit of $2.01 per share. The results exceeded Wall Street expectations. … More: continued here
Read More »FedEx profit jumps on higher package volumes, yields
FedEx delivered quarterly earnings that topped analysts' expectations on Wednesday. More: continued here
Read More »FedEx Dips On Outlook Despite Delivering Strong Quarterly Profit
Whether delivering packages or earnings results, it's all about managing expectations — and a failure to fully meet expectations for the latter is why shares of FedEx have slipped into negative territory in early Wednesday trading. Higher package deliveries boosted the logistics giant’s third quarter profit above Wall Street's expectations, …
Read More »FedEX (FDX) Beats on Earnings in Q3 – Tale of the Tape
FedEX (FDX) Beats on Earnings in Q3 More: continued here
Read More »FedEx Reports Mixed Results, New Pricing Should Be Future Win-Win
FedEx reported mixed fiscal third quarter results before the bell on Wednesday. More: continued here
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