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 can’t 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
Photographer Adrien Broom Tackles the Snow White Mythology in New Photo Series
Miami Beach's Designer-Curated L’Atelier Residences Soar to $33M & Include a Hammock Garden
Rolls-Royce Put a Japanese Tea Garden in $1M Bespoke Phantom
Harman Kardon Partners With HTC for Pint-Sized H/K One Wireless Speaker
Crazy Crashes Drivers Have Walked (and Swam) Away From at the Monaco Grand Prix
The Don Stott Collection: A 50 Year Love Affair With Burgundy Wines
Started From The Bottom...Now We’re Here (At Sotheby’s in NYC)
Celebrating 10 Talented Women in Wine: Melissa Burr From Stoller Family Estate
Rolls-Royce Debuts $362K "Inspired by Fashion" Wraith, Models Not Included
Pilatus' New PC-24 Super Versatile Jet Gets a Round of Applause After Maiden Voyage in Switzerland
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE