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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