FedEx Corp. Reports Third Quarter Earnings

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Go back to FedEx Corp. Reports Third Quarter Earnings

UPS (UPS) Trades Higher in Sympathy with FedEx (FDX) Following FedEx's Q3 Beat

March 20, 2018 4:42 PM EDT

UPS (NYSE: UPS) Trades Higher in Sympathy with FedEx (NYSE: FDX) Following FedEx's Q3 Beat

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FedEx (FDX) Tops Q3 EPS by 61c

March 20, 2018 4:16 PM EDT

FedEx (NYSE: FDX) reported Q3 EPS of $3.72, $0.61 better than the analyst estimate of $3.11. Revenue for the quarter came in at $16.5 billion versus the consensus estimate of $16.15 billion.

Outlook

FedEx is unable to forecast the fiscal 2018 year-end mark-to-market (MTM) pension accounting adjustments. As a result, the... More