FedEx shares tick down after earnings beat
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The company reported fourth-quarter net losses of $1.97 billion, or $7.56 a share, compared with net income of $1.13 billion, or $4.15 a share, in the year-ago period. Adjusted for items such as retirement-plan accounting and business integration costs, among other things, earnings were $5.01 a share.
Revenue rose to $17.8 billion from $17.3 billion in the year-ago period.
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https://www.marketwatch.com/story/fedex-...yptr=yahoo
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The company reported fourth-quarter net losses of $1.97 billion, or $7.56 a share, compared with net income of $1.13 billion, or $4.15 a share, in the year-ago period. Adjusted for items such as retirement-plan accounting and business integration costs, among other things, earnings were $5.01 a share.
Revenue rose to $17.8 billion from $17.3 billion in the year-ago period.
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https://www.marketwatch.com/story/fedex-...yptr=yahoo
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