FedEx Corporation Reports Retreat In Q4 Bottom Line

(RTTNews) - FedEx Corporation (FDX) reported earnings for fourth quarter that Drops, from the same period last year

The company's bottom line totaled $1.60 billion, or $6.60 per share. This compares with $1.65 billion, or $6.88 per share, last year.

Excluding items, FedEx Corporation reported adjusted earnings of $1.53 billion or $6.31 per share for the period.

The company's revenue for the period rose 12.6% to $25.0 billion from $22.2 billion last year.

FedEx Corporation earnings at a glance (GAAP) :

-Earnings: $1.60 Bln. vs. $1.65 Bln. last year. -EPS: $6.60 vs. $6.88 last year. -Revenue: $25.0 Bln vs. $22.2 Bln last year.