FedEx Corp. Reports Higher First Quarter Earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Wall St futures rise as AI stocks rally, crude prices fall
- Oil prices slide to 11-day low on hopes of US-Iran diplomacy, Saudi exports
- Warren Buffett transitions to Berkshire’s chairman emeritus
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
- Streamflation drives 39% of Americans to cancel streaming in 6 months
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
