FedEx Corporation Q4 Profit Advances 19%

(RTTNews) - FedEx Corporation (FDX) released earnings for its fourth quarter that gained ground from last year.

The company said its bottom line came in at $897M, or $3.30 per share. This was higher than $753 million, or $2.66 per share, in last year's fourth quarter.

Analysts had expected the company to earn $3.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.4% to $13.0 billion. This was up from $12.1 billion last year.

FedEx Corporation earnings at a glance:

-Earnings (Q4): $897M. vs. $753 Mln. last year. -Earnings Growth (Y-o-Y): 19.1% -EPS (Q4): $3.30 vs. $2.66 last year. -EPS Growth (Y-o-Y): 24.1% -Analysts Estimate: $3.28 -Revenue (Q4): $13.0 Bln vs. $12.1 Bln last year. -Revenue Change (Y-o-Y): 7.4%

-Guidance: Full year EPS guidance: $11.75 - $12.25