Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Fedex truck image

News

What FedEx's Earnings Mean For Mutual Fund Investors (FDX)

Shauna O'Brien Mar 18, 2015



Inside FDX’s Results


The company reported earnings of $580 million, or $2.01 per share, up from $378 million, or $1.23 per share, a year ago. Analysts expected to see earnings of $1.87 per share.

Revenue
Revenue increased 4% to $11.7 billion from $11.3 billion last year. Analysts expected to see revenue of $11.79 billion.

Outlook
Looking forward, FedEx expects to see FY2015 earnings between $8.80 and $8.98 per share. Analysts are expecting EPS of $8.97.


Profits Soar on Lower Fuel Costs


The company benefited from lower fuel costs on both its aircraft and vehicles. If fuel costs remain low, the company could continue to thrive amid lower energy prices.

In addition to lower fuel costs, FDX benefited from the restructuring of its air express division and favorable weather conditions.


Mutual Funds to Watch



The Bottom Line


If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.

Download Our Free Report

Why 30 trillion is invested in mutual funds book