FDX - FedEx Q4 Earnings Highlights: Shares Surge On Revenue Beat Guidance $2.5-Billion Buyback Freight Strategic Review | Benzinga
Logistics company FedEx Corporation (NYSE:FDX) reported fourth-quarter financial results after the market close Tuesday.
Here are the key highlights for investors.
What Happened: FedEx reported fourth-quarter revenue of $22.1 billion, which beat a Street consensus estimate of $22.06 billion, according to data from Benzinga Pro.
The company reported earnings per share of $5.41, which beat a Street consensus estimate of $5.37.
Revenue, operating income and operating margins were all up on a year-over-year basis, the company said.
The company saw a year-over-year improvement in the FedEx Ground segment and FedEx Freight segment. FedEx Express saw a year-over-year decline for the ...