FedEx Corporation (NYSE: FDX) reported second-quarter 2022 earnings results today.
Total revenues increased to $23.5 billion from $20.6 billion in the same period a year ago.
The company reported a GAAP net income of $1.04 billion, or $3.88 per share, compared to $1.23 billion, or $4.5 per share, in the year-ago quarter.
Adjusted net income was $1.30 billion, or $4.83 per share.
Production disruption and logistics issues continue to have a crippling effect on the industrial sector but the performance of companies, in general, has been mixed so far. Fastenal Company (NASDAQ:
Netflix, Inc. (NASDAQ: NFLX) Thursday said it added 8.3 million paid members in the December quarter. Revenues increased and matched estimates, aided by the relaxation of COVID restrictions and resumption
Investment management firm Charles Schwab Corporation (NYSE: SCHW) has stayed largely unaffected by the coronavirus crisis, rather it managed to tap into new opportunities. The company owes its impressive financial