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FedEx Q4 Earnings Highlights: Shares Surge On Revenue Beat, Guidance, $2.5-Billion Buyback, Freight Strategic Review

Logistics company FedEx Corporation (NYSE:FDX) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights for investors. What Happened: FedEx reported fourth-quarter revenue of $22.1 billion, which beat a Street consensus estimate of $22.06 billion, according to data from Benzinga Pro. The company reported earnings per share of $5.41, which beat a Street consensus estimate of $5.37. Revenue, operating income and operating margins were all up on a year-over-year basis, the company said. The company saw a year-over-year improvement in the FedEx Ground segment and FedEx Freight segment. FedEx Express saw a year-over-year decline for the ...