FedEx (FDX) is one of the more noteworthy names on this week's earnings calendar and for good reason it seems. The stock jumped more than 11% out of the gate Wednesday after the logistics giant beat top- and bottom-line expectations for its fiscal fourth quarter and issued an inline outlook for its fiscal 2025.
In the quarter ended May 31, FedEx's said its revenue increased 0.9% from the year prior to $22.1 billion and its operating margin improved 40 basis points to 8.5%. (A basis point = 0.01%.) The company also reported a 9.5% year-over-year increase in its earnings per share (EPS) to $5.41.
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