FedEx (FDX) Surpasses Q2 Earnings Estimates

FedEx (FDX) came out with quarterly earnings of $4.05 per share, beating the Zacks Consensus Estimate of$ 3.90 per share. This compares to earnings of $3.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.85%. A quarter ago, it was expected that this package delivery company would post earnings of$ 4.82 per share when it actually produced earnings of $3.60, delivering a surprise of -25.31%.Over the last four quarters, the co ...