17.12.2019 23:33:14

FedEx Corporation Q2 adjusted earnings of $2.51 per share

(RTTNews) - FedEx Corporation (FDX) released earnings for second quarter that fell from the same period last year.

The company's bottom line totaled $560 million, or $2.13 per share. This compares with $935 million, or $3.51 per share, in last year's second quarter.

Excluding items, FedEx Corporation reported adjusted earnings of $0.66 billion or $2.51 per share for the period.

The company's revenue for the quarter fell 2.8% to $17.3 billion from $17.8 billion last year.

FedEx Corporation earnings at a glance:

-Earnings (Q2): $0.66 Bln. vs. $1.08 Bln. last year. -EPS (Q2): $2.51 vs. $4.03 last year. -Revenue (Q2): $17.3 Bln vs. $17.8 Bln last year.

-Guidance: Full year EPS guidance: $10.25 - $11,50

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