FedEx (FDX) Tops Q2 EPS by 82c
- Wall Street ekes out gains to close languid week
- 'Faster than Porsche but Safer than Volvo': Tesla (TSLA) Begins Model S Plaid Deliveries, Priced Between $131,100 and $145,600
- Oil hits multi-year highs in third weekly gain on demand recovery
- Snowflake (SNOW) Falls Following Investor Day Despite Strong Guidance, Analysts Bullish But Say Investors May Have Wanted More
- Dollar looks stronger as euro and sterling dip
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
FedEx (NYSE: FDX) reported Q2 EPS of $4.83, $0.82 better than the analyst estimate of $4.01. Revenue for the quarter came in at $20.6 billion versus the consensus estimate of $19.46 billion.
FedEx is not providing an earnings forecast for fiscal 2021. The capital spending forecast for the year remains $5.1 billion.
“The benefits of the investments across our business over the past several years are reflected in our strong second quarter results,” said Michael C. Lenz, FedEx Corp. executive vice president and chief financial officer. “While the overall environment remains uncertain, we expect earnings growth in the second half of fiscal 2021 driven by the anticipated heightened demand for our services as we continue to execute on our strategic priorities.”
For earnings history and earnings-related data on FedEx (FDX) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Chewy (CHWY) Tops Q1 EPS by 12c, Revs Beat Slightly
- Campbell Soup (CPB) Misses Q3 EPS by 9c, Trims FY EPS Guidance
- Bowman Consulting Group Ltd. (BWMN) Reports Q1 EPS of $0.17
Create E-mail Alert Related CategoriesEarnings, Guidance, Hot Earnings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!