Before Wednesday’s opening bell, FedEx released its third quarter financial results. Here’s what the results mean for mutual fund investors.

Earnings

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.

FedEx’s profits soared 53% in the third quarter, primarily due to lower fuel costs, mild weather, and restructuring benefits.

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.

Investors interested in FexEx may also consider the following mutual funds as an alternative to investing directly in the stock. The funds below currently hold the largest stakes in the company.

The funds listed above offer investors a stake in FDX, while remaining diversified. Investors interested in FDX may also be interested in UPS (UPS).

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