Categories AlphaGraphs, Earnings, Industrials

FDX Earnings: FedEx Corporation reports higher Q4 revenue and adj. profit

Cargo giant FedEx Corporation (NYSE: FDX) Tuesday reported an increase in revenues and adjusted earnings for the fourth quarter of 2024. The positive top-line performance reflects revenue growth in the Ground and Freight segments.

FedEx Q4 2024 earnings infographic

Fourth-quarter earnings, excluding one-off items, increased to $5.41 per share from $4.94 per share in the year-ago period. Unadjusted profit was $1.47 billion or $5.94 per share in the May quarter, vs. $1.54 billion or $6.05 per share in the corresponding period of 2023.

Total revenues were $22.10 billion in the fourth quarter, compared to $21.93 billion last year. Revenues of the Ground and Freight divisions rose year-over-year.

Prior Performance

  • FedEx Q3 2024 Earnings Infographic
  • FedEx Q1 2024 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Earnings Infographic: IBM Q2 2024 earnings and revenue beat estimates

International Business Machines Corporation (NYSE: IBM) reported stronger-than-expected earnings and revenues for the second quarter of 2024. Second-quarter revenues came in at $15.77 billion, compared to $15.48 billion in the

Earnings Preview: AMD likely to report higher revenues and earnings for Q2

In recent years, semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) constantly strengthened its portfolio through new products and acquisitions. Currently, it is focused on integrating artificial intelligence technology into

Lamb Weston (LW) expects its challenges to persist into fiscal year 2025

Shares of Lamb Weston Holdings, Inc. (NYSE: LW) plummeted on Wednesday after the company delivered disappointing results for the fourth quarter of 2024 and issued a bleak outlook for fiscal

Add Comment
Viewing Highlight