Skip to main content

FedEx reports fiscal third quarter earnings gains

Fiscal third quarter earnings for Memphis-based freight transportation and logistics services bellwether FedEx issued yesterday showed gains, amid various challenges. Quarterly revenue—at $23.6 billion—saw a 10% annual increase, and operating income—at $1.33 billion—saw a 32% annual gain. Diluted earnings per share—at $4.20—were up 27% annually, coming up short of Wall Street expectations at $4.65.

source https://www.supplychain247.com/article/fedex_reports_fiscal_third_quarter_earnings_gains

Comments

Post a Comment

Popular posts from this blog

The Art of Consistent Perfect Order Delivery

This white paper defines what a perfect order is and details the technology that helps leaders achieve smart order fulfillment through optimized supply chain orchestration. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/the_art_of_consistent_perfect_order_delivery
Post a Comment
Read more

FTR’s Shippers Conditions Index falls to a new record low reading

The February SCI came in at -17.9, down from January’s -10.1, topping March 2021 as the “toughest month to date for shippers,” noted FTR. But that comes with the caveat that February’s record is not likely to be lasting, with March expected to record an even lower reading, it said, stating that some rate relief will not nearly offset a surge in diesel prices. source https://www.supplychain247.com/article/ftrs_shippers_conditions_index_falls_to_a_new_record_low_reading
Post a Comment
Read more