UPDATE 1-FedEx quarterly profit rises on strong package volume, global economy [Reuters]
FedEx Corporation (FDX)
Last fedex corporation earnings: 3/17 04:03 pm
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Source: Reuters
FedEx quarterly profit rises on strong package volume | Reuters Reuters Staff 1 Min Read (Reuters) - Package delivery company FedEx Corp ( FDX.N ) on Tuesday reported a higher quarterly net profit due to increased volume, but results were hit by lingering effects from a June cyber attack on its Dutch TNT Express unit. The Memphis-based company, often considered a bellwether for the U.S. economy like its main rival United Parcel Service Inc ( UPS.N ), posted fiscal second-quarter net income of $775 million or $2.84 per share, up from $700 million or $2.59 per share a year earlier. Adjusted for one-time items, FedEx reported earnings per share of $3.18. Reporting by Eric M. Johnson in Seattle; Editing by Leslie Adler All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2017 Reuters. All Rights Reserved. FedEx quarterly profit rises on strong package volume (Reuters) - Package delivery company FedEx Corp ( FDX.N ) on Tuesday
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