FedEx (NYSE:FDX) reported its Q2 earnings results on Thursday, December 16, 2021 at 04:04 PM.
Here's what investors need to know about the announcement.
Earnings
FedEx beat estimated earnings by 12.85%, reporting an EPS of $4.83 versus an estimate of $4.28, which surprised analysts.
Revenue was up $2,911,000,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.63, which was followed by a 9.12% drop in the share price the next day.
Here's a look at FedEx's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 5 | 4.99 | 3.24 | 4.01 |
| EPS Actual | 4.37 | 5.01 | 3.47 | 4.83 |
| Revenue Estimate | 21.91B | 21.51B | 19.96B | 19.46B |
| Revenue Actual | 22.00B | 22.57B | 21.51B | 20.56B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
