FedEx Corporation (NYSE: FDX) reported first-quarter 2022 earnings results today.
Total revenues increased to $22 billion from $19.3 billion in the same period a year ago.
The company reported a GAAP net income of $1.11 billion, or $4.09 per share, compared to $1.25 billion, or $4.72 per share, in the year-ago quarter.
Adjusted net income was $1.19 billion, or $4.87 per share.