FedEx Corporation Earnings Rise 17% In Q2

(RTTNews) - FedEx Corporation (FDX) announced a profit for its second quarter that climbed from last year.

The company said its bottom line totaled $729 million, or $2.58 per share. This was up from $622 million, or $2.16 per share, in last year's second quarter.

Analysts had expected the company to earn $2.51 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.0% to $12.5 billion. This was up from $11.9 billion last year.

FedEx Corporation earnings at a glance:

-Earnings (Q2): $729 Mln. vs. $622 Mln. last year. -Earnings Growth (Y-o-Y): 17.2% -EPS (Q2): $2.58 vs. $2.16 last year. -EPS Growth (Y-o-Y): 19.4% -Analysts Estimate: $2.51 -Revenue (Q2): $12.5 Bln vs. $11.9 Bln last year. -Revenue Change (Y-o-Y): 5.0%

-Guidance: Full year EPS guidance: $10.40 - $10.90