POST Online Media Lite Edition


FedEx Corporation Q1 income down 10%

Staff Writer |
FedEx Corporation released earnings for first quarter that decreased compared to the same period last year.

Article continues below

The company said its profit fell to $683 million, or $2.51 per share. This was lower than $760 million, or $2.82 per share, in last year's first quarter.

The company said revenue for the quarter rose 4.1% to $15.3 billion. This was up from $14.7 billion last year.

What to read next

FedEx posts 8% drop in Q3 bottom line
FedEx EPS $2.10
FedEx Corp. Q2 bottom line came in at $757 million