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Federal express two quarter profit rose 14% to $500000000

2013-12-23    Font Size : Big  |  Default  |  Small

FedEx announced in December 18th second quarter earnings. The report shows, FedEx's second quarter net profit was $500000000, up 14% over the same period last year of $438000000, but failed to reach Wall Street analysts had expected.
In the quarter ended November 30th, net profit of $500000000 in federal express, earnings per share of $1.57, this performance is better than the same period last year, but less than analysts had expected. In the last fiscal year and second quarter, net profit of $438000000 in federal express, earnings per share of $1.39. Display financial information provider FactSet survey, analysts on average expected earnings per share for the second quarter of $1.64 in federal express.
Federal Express second quarter revenue of $11400000000, up 3% over the same period last year, but slightly lower than analysts had expected. According to the FactSet survey, analysts on average expected revenue for the second quarter of $11440000000 in federal express. Federal Express second quarter operating profit of $827000000, a 15% increase over last year's $718000000; operating profit rate of 7.3%, higher than the same period last year 6.5%.
Divided by the business sector, fedex express delivery business's second quarter revenue of $6840000000, slightly lower than the same period last year of $6860000000; operating profit of $326000000, up 4.2% over the same period last year of $230000000. Land department second quarter revenue of $2850000000, a 10% increase over last year's $2590000000; operating profit of $424000000, up 3% over the same period last year of $412000000. Freight department second quarter revenue of $1430000000, a 4% increase over last year's $1380000000; operating profit of $77000000, up 1% over the same period last year of $76000000.
FedEx Express, the same period last year, the share performance because of the America encounter Sandy (Sandy) hurricane affected 11 cents. FedEx is expected, the adjusted earnings per share year-on-year growth in the 8% to 14%, higher than the expected growth of 7% to 13%; the annual operating expenses is estimated to be $4000000000, and the expected flat.
MYEX Minya Express International
2013-12-23