FedEx(FDX) - 2024 Q3 - Quarterly Results

Exhibit 99.1 FedEx Reports Higher Third Quarter Diluted EPS of $3.51 and Adjusted Diluted EPS of $3.86 Operating Income Up 19% Year Over Year; Up 16% on an Adjusted Basis Reduces Capital Spending Forecast Plans Additional $500 Million Share Repurchase in Fourth Quarter Board of Directors Authorizes New $5 Billion Share Repurchase Program Narrows Full-Year Earnings Outlook Range MEMPHIS, Tenn., March 21, 2024 ... FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the third quarter ...