FedEx (FDX) Tops Q2 EPS by 6c

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FedEx Corp. Reports Solid Second Quarter Earnings Growth

December 16, 2015 4:15 PM EST

Improved Base Yields and E-Commerce Growth Drive Results

MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) 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 years quarterly consolidated earnings have been adjusted for expenses related to the settlement of certain independent contractor litigation matters involving FedEx Ground ($0.09 per diluted share) and the pending acquisition of... More