Home Wealth  Money FedEx Books Q4 Earnings Jump

FedEx Books Q4 Earnings Jump

Posted: Jun. 23rd, 2011  |  By Forbes

powered by Forbes

RSS Syndicated News Email a Friend Suggest an Article Share Visit Website

FedEx reported a 33% increase in fourth-quarter earnings Wednesday. Profits rose to $558 million, or $1.75 per share, from $419 million, or $1.33 per share, a year ago. Revenue rose 12%, to $10.55 billion. Both earnings per share and revenue beat analyst expectations.

FedEx (nyse: FDX - news - people ) said it expects to earn $6.35 to $6.85 per share in the 2012 fiscal year, ahead of analyst estimates at the high end.

Market News Video produces and distributes online videos about stocks and investing.




Share on Facebook Share
See Next Article
Need to Get Away?
Top 10 Business Hotels
Who says you canít mix business with pleasure?
Read More
More Articles from Forbes.com

advertisement
Quick Links
Autos
Boating
Real Estate
Luxury Travel
Fashion
Search Real Estate
Find Your Dream Home
Search for homes by
State, Country or Style.
Event Calendar
advertisement
Current News & Features
Behind the Wine-Lover's Private Paradise with Anthony von Mandl of Martin's Lane Winery
12 Luxury Kitchen Items to Gift This Holiday Season
Exploring the Smoky Mountains with Buick Enclave Avenir
Sweet Talk with Premier Patissier, Chef Gregory Gourreau
Holiday Gift Guide: Luxury Gift Ideas Just in Time for the Holidays
14 Luxury Tech Gifts to Grab Just in Time for the Holidays
The Balvenie Releases Limited Edition DCS Compendium Chapter Three for $60,000
Indulge at 16 of Las Vegas' Most Expensive Restaurants
Brunch Packs a Punch at Hundred Proof San Diego
Indulge in Your Morning Coffee With the illy X1 Anniversary Edition Espresso Machine
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE