FedEx Corp. Reports Higher First Quarter Earnings
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FedEx (FDX) Tops Q1 EPS by 9c; Guides FY17 EPS
September 20, 2016 4:16 PM EDTFedEx (NYSE: FDX) reported Q1 EPS of $2.90, $0.09 better than the analyst estimate of $2.81. Revenue for the quarter came in at $14.7 billion versus the consensus estimate of $14.61 billion.
During the quarter, the company incurred TNT Express integration and Outlook restructuring program costs of $68 million ($45 million, net of tax, or $0.17 per diluted share). In addition, the company... More
