FedEx Reports Second Quarter Diluted EPS of $3.03 and Adjusted Diluted EPS of $4.05
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FedEx Corp. reported its second quarter results with a diluted EPS of $3.03 and an adjusted diluted EPS of $4.05. The company's revenue was $22.0 billion, with an operating income of $1.05 billion and an adjusted operating income of $1.38 billion.
December 19, 2024 | 9:30 pm
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FedEx reported a solid second quarter with an adjusted EPS of $4.05, indicating strong performance. Revenue was stable at $22 billion, and operating income showed a healthy margin improvement when adjusted.
FedEx's adjusted EPS of $4.05 is significantly higher than the reported EPS, indicating strong underlying performance. The stable revenue and improved operating margin suggest operational efficiency, likely leading to positive investor sentiment and a short-term stock price increase.
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