FedEx Corporation (FDX) released earnings for its third quarter that climbed from the same period last year.
The company's earnings came in at $892 million, or $3.30 per share. This compares with $315 million, or $1.20 per share, in last year's third quarter.
Excluding items, FedEx Corporation reported adjusted earnings of $939 million or $3.47 per share for the period.
Analysts had expected the company to earn $3.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 22.9% to $21.5 billion from $17.5 billion last year.
FedEx Corporation earnings at a glance:
-Earnings (Q3): $939 Mln. vs. $371 Mln. last year.
-EPS (Q3): $3.47 vs. $1.41 last year.
-Analysts Estimate: $3.24
-Revenue (Q3): $21.5 Bln vs. $17.5 Bln last year.
-Guidance:
Full year EPS guidance: $17.60 to $18.20
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