Federal Express third quarter net profit fell 31%

FedEx has announced its February 28, 2013 third quarter performance. The company net profit fell 31%, to $361000000, earnings per share of $1.13. Excluding one-time items, FedEx quarter earnings of $1.23 per share, lower than market expectations of $1.38. Quarter year-on-year growth of 4% to $11000000000, better than market expectations.
Federal Express will be the full fiscal year earnings per share forecast from the previous $6.2-6.6 to $6.0-6.2 $6.31, the market is expected to.
MYEX min Asia International Express
2013-03-25