Advertisement
New Zealand markets closed
  • NZX 50

    11,803.28
    -49.52 (-0.42%)
     
  • NZD/USD

    0.5916
    -0.0005 (-0.08%)
     
  • ALL ORDS

    7,937.90
    +35.90 (+0.45%)
     
  • OIL

    83.02
    +0.17 (+0.21%)
     
  • GOLD

    2,314.60
    -31.80 (-1.36%)
     

How FedEx Surpassed Analysts’ Earnings Estimates in Fiscal 2Q18

FedEx (FDX) announced its fiscal 2Q18 earnings on December 19, 2017. It reported adjusted EPS of $3.18, surpassing analysts' estimate of $2.89 by a double-digit 12.4%.