FedEx Q1 earnings
The company's earnings came in at $1.11 billion, or $4.09 per share. This compares with $1.25 billion, or $4.72 per share, in last year's first quarter.
Excluding items, FedEx Corporation reported adjusted earnings of $1.19 billion or $4.37 per share for the period.
The company's revenue for the quarter rose 14.0% to $22.0 billion from $19.3 billion last year. ■