FedEx Corporation (FDX) reported a profit for its second quarter that Increases, from the same period last year
The company's bottom line totaled $0.96 billion, or $4.04 per share. This compares with $0.74 billion, or $3.03 per share, last year.
Excluding items, FedEx Corporation reported adjusted earnings of $1.14 billion or $4.82 per share for the period.
The company's revenue for the period rose 6.8% to $23.5 billion from $22.0 billion last year.
FedEx Corporation earnings at a glance (GAAP) :
-Earnings: $0.96 Bln. vs. $0.74 Bln. last year.-EPS: $4.04 vs. $3.03 last year.-Revenue: $23.5 Bln vs. $22.0 Bln last year.
-Guidance:Full year EPS guidance: $17.80 - $19.00
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.