Ground And Freight Growth Drives Fedex's Quarterly Results While Express Remains Stagnant |
| June 20, 2014 | June 2014 Bond Updates |
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The high net income drove up earnings per share by 159% to reach $2.46. Also contributing to the increase was the repurchase of 9.9 million shares of FedEx common stock during the quarter. The strong cash flow from the quarter has allowed FedEx to increase their future quarterly dividends by 33%. |
| View more at: http://www.forbes.com/sites/greatspeculations/2014/06/19/ground-and-freight-growth-drives-fedexs-quarterly-results-while-express-remains-stagnant/ |
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