FedEx 2Q Results

FedEx today reported adjusted earnings of $2.58 per diluted share for the second quarter ended November 30, compared to adjusted earnings of $2.16 per diluted share a year ago. Without adjustments, FedEx reported earnings of $2.44 for the second quarter compared to $2.31 per diluted share last year. This year’s quarterly consolidated earnings have been…

FedEx 1Q Results

FedEx Corp. (NYSE: FDX) today reported earnings of $2.42 per diluted share for the first quarter ended August 31, compared to adjusted earnings of $2.12 per diluted share a year ago. Without adjustment, FedEx earned $2.26 per diluted share last year. FedEx Express Segment Revenue of $6.59 billion, down 4% from last year’s $6.86 billion…

FDX To Increase Shipping Rates

FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp. will increase shipping rates effective January 4, 2016. FedEx Express will increase shipping rates by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx Ground and FedEx Home Delivery will increase shipping rates by an average of 4.9%. FedEx…

FedEx 4Q Results

FedEx Corp. today reported adjusted earnings of $2.66 per diluted share for the fourth quarter ended May 31, compared to adjusted earnings of $2.54 per diluted share a year ago. For fiscal 2015, adjusted earnings were $8.95 per diluted share, compared to $7.05 per diluted share a year ago. Without adjustments, FedEx reported a loss…

FedEx 3Q Results

FedEx reported earnings of $2.01 per diluted share for the third quarter ended February 28, compared to $1.23 per share last year. Third Quarter Results FedEx Corp. reported the following consolidated results for the third quarter: Revenue of $11.7 billion, up 4% from $11.3 billion the previous year Operating income of $962 million, up 50%…