Recap: FedEx Q2 Earnings

FedEx FDX reported its Q2 earnings results on Thursday, December 16, 2021 at 04:04 PM.

Here's what investors need to know about the announcement.

FedEx beat estimated earnings by 12.85%, reporting an EPS of $4.83 versus an estimate of $4.28, which surprised analysts.

Revenue was up $2,911,000,000.00 from the same period last year.

Last quarter the company missed on EPS by $0.63, which was followed by a 9.12% drop in the share price the next day.

Here's a look at FedEx's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	5	4.99	3.24	4.01
EPS Actual	4.37	5.01	3.47	4.83
Revenue Estimate	21.91B	21.51B	19.96B	19.46B
Revenue Actual	22.00B	22.57B	21.51B	20.56B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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