NEW YORK (TheStreet) — FedEx beat analysts' third-quarter estimates reporting earnings of $521 million, or $1.65 a share, up from year-earlier earnings of $231 million, or 73 cents. Adjusted profit in the quarter was $1.55 a share. Revenue rose to $10.56 billion from $9.66 billion a year earlier. … Click …
Read More »FedEx profit rise beats estimates
FedEx Corp reported higher quarterly profit that beat estimates, citing higher revenue per package and record holiday shipping, and forecast further advances in the current quarter. A lower tax rate and … More: continued here
Read More »FedEx Profit Rises On Record Holiday Shipping
FedEx reported higher quarterly profit that beat estimates, citing higher revenue per package and record holiday shipping, and forecast further advances in the current quarter. More: continued here
Read More »FedEx Forecast in Line With Estimates as Express Shipments Slow
FedEx Corp. (FDX) , operator of the world’s largest cargo airline, forecast profit for the current quarter that was in line with analysts’ estimates amid slowing demand for express shipments. More: continued here
Read More »FedEx says economy isn't as robust as it hoped
FedEx says the global economy isn't growing as strongly as expected and customers are reacting by choosing cheaper means of shipping packages.The world's second-largest package delivery company is predicting … More: continued here
Read More »FedEx to pay Labor Dept $3 million over hiring
FedEx Corp will pay back wages and interest to more than 21,000 people rejected for jobs in a $3 million settlement of a bias case brought against two of the company's units by the U.S. Department of Labor. … More: continued here
Read More »FedEx profit more than doubles in fiscal 3rd qtr
FedEx Corp. said Thursday its profit between December and February more than doubled as its ground and freight segments shipped more packages and charged higher prices.In its fiscal third quarter, the … More: continued here
Read More »FedEx Flyin' High: Fiscal Q3 Profit Skyrockets 126%
Record holiday-package shipping drove FedEx profit sky high last quarter. The shipper earned $521 million, up 126% from a year ago, the company said this morning. More: continued here
Read More »FedEx Corp. Reports Strong Third Quarter Earnings Growth
FedEx Corp. today reported earnings of $1.65 per diluted share for the third quarter ended February 29, which includes a $0.10 per share reversal of a reserve associated with a legal matter at FedEx Express. More: continued here
Read More »FedEx global economic view darker, shares drop
A strong holiday season and mild winter helped FedEx Corp beat Wall Street's profit forecast, but the world's No. 2 package delivery company warned that it had lowered its outlook for the rest of this … More: continued here
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