FedEx Reports Quarterly Revenue of $22.86B, EPS of $1.21
FedEx reported quarterly net income of $290 million. Revenue rose 11.9% year over year, while net income and diluted EPS declined.
FedEx reported revenue of $22.86B and net income of $290M for the quarter, as revenue increased 11.9% year over year while net income and diluted EPS declined. Stronger yields, fuel surcharges and U.S. domestic package volumes supported revenue growth.Financial Highlights¹ Reported as “Revenue”. ²…