FedEx (FDX) Tops Q3 EPS by 14c; Guides FY15 EPS Below Consensus
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FedEx (NYSE: FDX) reported Q3 EPS of $2.01, $0.14 better than the analyst estimate of $1.87. Revenue for the quarter came in at $11.7 billion versus the consensus estimate of $11.8 billion.
“We had a very successful peak season as volumes grew across all transportation segments, and our profit improvement programs are moving ahead as scheduled,” said Frederick W. Smith, FedEx Corp. chairman, president and chief executive officer. “We believe our strategy is sound, our culture is unique, and our customers value our broad portfolio of business solutions.”
FedEx sees FY2015 EPS of $8.80-$8.95, versus the consensus of $8.97.
For earnings history and earnings-related data on FedEx (FDX) click here.
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