FedEx Corp. (FDX) reported fourth quarter adjusted EPS of $2.13 Wednesday morning, up from $1.99 a year ago. The consensus estimate was for EPS of $1.96.
Looking ahead to fiscal 2014, the company projects earnings per share growth of 7 to 13 percent from fiscal 2013 adjusted results. Street is currently looking for full-year 2014 earnings of $7.36 per share.
FedEx gapped open higher Wednesday and is now up 2.05 at $101.53. The stock has risen to nearly a 1-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.