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FedEx Q3 earnings up greatly

Christian Fernsby |
FedEx released earnings for its third quarter that climbed from the same period last year.

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Topics: FEDEX   

The company's earnings came in at $892 million, or $3.30 per share. This compares with $315 million, or $1.20 per share, in last year's third quarter.

Excluding items, FedEx Corporation reported adjusted earnings of $939 million or $3.47 per share for the period.

The company's revenue for the quarter rose 22.9% to $21.5 billion from $17.5 billion last year.

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