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FedEx Corporation (Memphis) today reported the following consolidated results for the third quarter exceeding expectations:

• Revenue of $8.70 billion, up 7% from $8.14 billion a year ago
• Operating income of $416 million, up 129% from $182 million last year
• Operating margin of 4.8%, up from 2.2% the previous year
• Net income of $239 million, up 146% from last year’s $97 million

Read the full report:

finance.yahoo.com/news/FedEx-Corp-Third-Quarter-Net-bw-3484552874.html?x=0&.v=1