FedEx second-quarter operating margins fell to 7.8
According to the American finance website Market Watch reported recently, federal express, according to the results in the second quarter ended November 30, fedex's operating margins fell to 7.8% from 9.1% during the same period last year.According to the report, related to the acquisition of TNT Express trading may acquisition costs lead to fedex's profit is damaged. Fedex second-quarter adjusted earnings per share of $2.80, $2.58 higher than the same period last year, but less than by Thomson Reuters survey of analysts had expected $2.90 on average. Over the past 12 months, fedex shares rose 35%.Results after the stock in the U.S. stock market fell 2.7% in after-hours trading Tuesday, to $193.49. Analysts are looking at fedex and other shipping business operators will be how to deal with the holiday shopping season shipments in unexpected in the situation, the growth means they revenue to achieve better performance in the holiday season, but will bring federal express and its competitors keep up with the pace of delivery quantity. Fedex fiscal second quarter year-on-year growth of 19.2%, to $14.9 billion, part of the reason is the acquisition of TNT Express.Fedex to nearly $5 billion of the company.Analysts on average expected its fiscal second quarter was $14.92 billion. The quarter fedex's net profit was $700 million, earnings per share of $2.59, compared with $691 million and $2.44 respectively over the same period last year.
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