FedEx Corporation Q2 Profit Climbs 4%

(RTTNews) - FedEx Corporation (FDX) released earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $757 million, or $2.80 per share. This was higher than $729 million, or $2.58 per share, in last year's second quarter.

Analysts had expected the company to earn $2.90 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 19.2% to $14.9 billion. This was up from $12.5 billion last year.

FedEx Corporation earnings at a glance:

-Earnings (Q2): $757 Mln. vs. $729 Mln. last year. -Earnings Growth (Y-o-Y): 3.8% -EPS (Q2): $2.80 vs. $2.58 last year. -EPS Growth (Y-o-Y): 8.5% -Analysts Estimate: $2.90 -Revenue (Q2): $14.9 Bln vs. $12.5 Bln last year. -Revenue Change (Y-o-Y): 19.2%

-Guidance: Full year EPS guidance: $10.95 to $11.45