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FedEx (FDX) Stock Surges After Delivering Strong Earnings, Jim Cramer's View
2015-12-17 16:18:59| Air Courier - Topix.net
For the latest quarter, the company earned $2.58 a share, better than analysts' estimates of $2.25 a share. These results were higher than last year's second quarter when FedEx reported a profit of $2.16 a share on $11.9 billion in revenue.
E-commerce growth boosts FedEx profit
2015-12-17 02:40:21| Air Courier - Topix.net
FedEx Corp. said profit rose 4.2% in its latest quarter, with adjusted profit topping Wall Street's expectations, and the company reaffirmed its full-year earnings guidance. The delivery company said its results were driven by "better revenue quality, e-commerce growth and the successful ongoing execution of our profit-improvement initiatives."
Tags: growth
profit
ecommerce
fedex
FedEx Profit Tops Expectations
2015-12-17 00:33:48| Air Courier - Topix.net
FedEx Corp. said profit rose 4.2% in its latest quarter, with adjusted profit topping Wall Street's expectations, and the company reaffirmed its full-year earnings guidance. The delivery company said its results were driven by "better revenue quality, e-commerce growth and the successful ongoing execution of our profit-improvement initiatives."
Tags: profit
expectations
tops
fedex
Watch FedEx Ship Millions of Packages This Holi...
2015-12-16 21:28:21| Air Courier - Topix.net
FedEx is helping Santa Claus ship a record number of packages this holiday season. The company predicts it will ship 317 million items between Thanksgiving and Christmas.
Tags: watch
ship
millions
packages
Zacks Investment Research Upgrades FedEx Co. (FDX) to Hold
2015-12-16 19:28:10| Air Courier - Topix.net
According to Zacks, "FedEx Corporation delivered mixed results in the first quarter of fiscal 2016 beating on revenues but missing on earnings. The prevalent weakness in the global economy and the strong U.S. dollar hurt quarterly results.The company also slashed its earnings per share outlook for fiscal 2016 primarily due to higher-than-expected costs at the FedEx Ground unit.
Tags: research
hold
investment
upgrades
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