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Tuesday, September 18, 2012

Earning Alert -FedEx (FDX): FQ1 EPS of $1.45 beats by $0.05. Revenue of $10.8B beats by $100M - 9/18/12

FedEx (FDX): FQ1 EPS of $1.45 beats by $0.05. Revenue of $10.8B beats by $100M


More on FedEx (FDX): Express revenue up 1% to $6.63B, while ground revenue rose 8% to $2.46B. Operating margin doubled in Freight segment to 6.4% as volume growth and operating efficiencies kicked in. Sees FQ2 EPS of $1.30-$1.45 and full-year EPS of $6.20-$6.60. Shares -1.8% premarket

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