FedEx sees Q3 profit of 50-70 cents a share
FedEx Corp
For the third quarter, it forecast 50 cents to 70 cents a share.
The package delivery giant and economic bellwether said positive economic momentum drove volume growth across all its segments in the second quarter.
For the quarter, ended Nov 30, FedEx reported a profit of $345 million, or $1.10 per share, down 30 percent from $493 million, or $1.58 per share, a year ago.
(Reporting by Helen Chernikoff; editing by John Wallace)
© Copyright Thomson Reuters 2024. All rights reserved.
Join the Discussion
Editor's pick