FedEx: Q4 adjusted EPS up 9.5%

(CercleFinance.com) - FedEx has reported Q4 sales of $22.
1bn (March-May 2024), up a fraction (1%) y-o-y ($21.9bn).

Adjusted operating income also rose slightly, from $1.77bn to $1.87bn, for adjusted quarterly net income of $1.34bn (vs. $1.25bn a year before).

Adjusted EPS came to $5.41, up 9.5% from $4.94 a year earlier.

Over the full year, business slowed slightly from $90.2bn to $87.7bn, but this did not prevent Fedex from posting $4.48bn in adjusted annual net profit, compared with $3.84bn the previous year.

Adjusted annual EPS came to $17.8, compared with $14.96 a year earlier.


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