Tag Archives: FedEx Corporation

FedEx Corporation reports higher fourth quarter and full year earnings

FedEx Corporation (Memphis) reported fourth quarter net income of $419 million, up from last yearโ€™s net loss of $876 million.

For the fiscal full year, net income of $1.18 billion was reported, up from last yearโ€™s $98 million.

Copyright Photo: Brian McDonough. McDonnell Douglas MD-11 (F) N586FE (msn 48487) is seen at the Anchorage hub.

FedEx exceeds expectations in 3Q, net income up 146% to $239 million

Please click on the AG icon for a direct link to the FedEx photo gallery.

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 yearโ€™s $97 million

Read the full report:

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

Air France to sell two new Boeing 777F freighters to FedEx Express

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Air France (Paris) has signed a letter of intent to sell two new Boeing 777F freighters to FedEx Corporation (Memphis), a spokesman for Air France told Dow Jones Newswires. The new 777Fsย have not yet been delivered to AF and the sale will not affect the current 777F fleet.

Full report:

www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201001290841dowjonesdjonline000267&title=air-france-to-sell-2-new-777-boeing-cargo-aircraft-to-fedex

FedEx Corporation reports 2Q net profit of $345 million, down 30%

FedEx Corporation (FedEx Express) (Memphis) reported net income of $345 million in the fiscal second quarter ending on November 30. This represents a decline of 30 percent compared with the same period a year ago.

Press release:

finance.yahoo.com/news/FedEx-Corp-Reports-Second-bw-3626574951.html?x=0&.v=1

Copyright Photo: TMK Photography.