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
Louis Vuitton Rolls Out Their New Luggage Line
Can China be a Driving Force in the Superyacht Industry?
Top 4 Mountain Restaurants in Val d'Isere
The Rise of Natural Wine
East Coast Defender Taps Into the Heart of the Aftermarket
Nice to Meat You: Penn & Teller Take On Guy Savoy
Gaining Traction With The Porsche 911 Edurance Racing Edition
The Dyson 360 Eye Is Good Clean Fun
Let Your Baggage Be Light With The New TUMI V3
Vertu Shows Off Their Craftsmanship Chops With The New Aster Leaf
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE