Fedex Corp

NYSE:FDX   3:59:59 PM EDT
297.49
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Other Pre-Announcement

Fedex Corp Reports Qtrly Adjusted Diluted EPS $5.01

Published: 06/24/2021 21:21 GMT
Fedex Corp (FDX) - Reports Record Fourth Quarter and Full-year Results.
Qtrly Diluted EPS $6.88.
Qtrly Adjusted Diluted EPS $5.01.
Qtrly Revenue $22.6 Billion Versus $17.4 Billion.
Q4 Operating Results Increased Primarily Due to Volume Growth and Disciplined Revenue and Portfolio Management.
Qtrly Net Results Include a Loss on Debt Extinguishment of $393 Million ($297 Million Net of Tax).
Sees Fiscal 2022 Earnings per Diluted Share of $18.90 to $19.90 Before Mtm Retirement Plan Accounting Adjustments.
Fedex Express Q4 Operating Income More Than Doubled Year Over Year.
Fedex Ground Reported Record Earnings for Quarter and Revenue Growth of 27%.
Sees Capital Spending of $7.2 Billion for Fiscal 2022.
Q4 Earnings per Share View $4.99, Revenue View $21.51 Billion -- Refinitiv Ibes Data (analyst estimates).
Says Expect Continued Strong Momentum in Fiscal 2022.
Sees Fiscal 2022 Earnings per Diluted Share of $20.50 to $21.50 Before Certain Adjustments.
Is Unable to Provide a Fiscal 2022 Earnings per Share Or Effective Tax Rate Outlook on a GAAP Basis.
FY2022 Earnings per Share View $20.37 -- Refinitiv Ibes Data (analyst estimates).