FedEx Holds Annual Outlook After Net Jumps 23%
- Mukesh Buch
- U.S.A. New York City
FedEx said revenues in fiscal third-quarter ending on Feb 28 gained 10% to $23.6 billion from $21.5 billion a year ago. Net income in the period rose to $1.1 billion or $4.20 a share from $892 million or $3.30 a share. The additional fuel surcharge helped to offset reduced customer demand, higher wages, and staff sickouts.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| FedEx Corporation | FDX | 20% | 43% | -31% |