FedEx Reports Q1 Earnings

FedEx Corp. (NYSE: FDX) has reported earnings of USD 2.19 per diluted share (USD 2.51 per diluted share on an adjusted basis) for the first quarter ended August 31, compared to earnings of USD 2.65 per diluted share (USD 2.82 per diluted share on an adjusted basis) a year ago, the company said.

Both as-reported and adjusted earnings reflect the estimated negative impact of the June 27 cyberattack affecting TNT Express (USD 0.79 per diluted share) and Hurricane Harvey (USD 0.02 per diluted share).

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of USD 61 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand.

Consistently ranked among the world´s most admired and trusted employers, FedEx inspires its more than 400,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, visit about.fedex.com.