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Non-Tech : FedEx (FDX) -- Ignore unavailable to you. Want to Upgrade?


To: Dominique Cleeren who wrote (283)12/15/1998 4:30:00 PM
From: Darryl Olson  Read Replies (1) | Respond to of 524
 
I have to go with the analysts consensus which is around $1.05. Based upon recent comments regarding the internet and how it will impact FDX, I'm not looking for a negative surprise.



To: Dominique Cleeren who wrote (283)12/17/1998 9:46:00 AM
From: Darryl Olson  Respond to of 524
 
Earnings Report:

Thursday December 17 9:09 AM ET

FDX Profits Jump On Strong Overnight Express Sales

MEMPHIS, Tenn. (Reuters) - FDX Corp. (NYSE:FDX - news), the parent company of Federal Express, the world's
largest air express package carrier, Thursday said quarterly profits jumped 22 percent to $183 million on strong sales in
its overnight express service.

The holding company said it reported a profit of $1.23 a share for the quarter ended Nov. 30, which easily beat analysts'
earnings estimates averaging $1.06 a share, according to First Call, a company that tracks such forecasts. In its year
earlier second quarter, FDX earned $1.00 a share, or $150 million.