FedEx (FDX) Tops Q2 EPS by 9c, Reports Cost-Reduction Actions
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FedEx Corp. Reports Second Quarter Results
December 18, 2018 4:03 PM EST
Earnings Outlook Lowered Primarily Due to European Weakness
Announces
New Cost-Reduction Initiatives
MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the second quarter ended November 30 (adjusted measures exclude the items listed below for the applicable fiscal year):
Fiscal 2019
Fiscal 2018
As Reported
(GAAP)
Adjusted
(non-GAAP)
As Reported
(GAAP)
Adjusted
(non-GAAP)
Revenue $17.8 billion $17.8 billion $16.3 billion $16.3 billion Operating income $1.17 billion $1.33 billion $1.12 billion $1.24 billion... More