FedEx (FDX) Tops Q3 Earnings Estimates

FedEx (FDX) came out with quarterly earnings of $3.86 per share, beating the Zacks Consensus Estimate of$ 3.49 per share. This compares to earnings of $3.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.60%. A quarter ago, it was expected that this package delivery company would post earnings of$ 4.14 per share when it actually produced earnings of $3.99, delivering a surprise of -3.62%.Over the last four quarters, the co ...