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FedEx announced earnings per share of $3.44 on revenue of $23.2B. Analysts polled by Investing.com anticipated EPS of $2.80 on revenue of $23.78B.
FedEx shares are down 42% from the beginning of the year, still down 43.78% from its 52 week high of $266.79 set on January 5.
FedEx’s report follows an earnings beat by Cintas on Wednesday, who reported EPS of $3.39 on revenue of $2.17B, compared to forecasts EPS of $3.11 on revenue of $2.08B.
Copart had beat expectations on September 7 with fourth quarter EPS of $1.13 on revenue of $883.39M, compared to forecast for EPS of $1.1 on revenue of $874.13M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
