FEDEX, the world's second-largest package delivery company, says its profit slid 12 per cent in the second quarter on weakness in its air network and the impact of superstorm Sandy.
The US-based company maintained its forecast for the full fiscal year ending in May, hoping that a strong holiday season and a massive cost-cutting plan will offset global economic weakness.
FedEx Corp posted earnings of $US438 million ($A417.40 million), or $1.39 per share, on Wednesday, compared with $497 million, or $1.57 per share, a year ago. Superstorm Sandy cut earnings by 11 cents per share by driving down shipping volume and increasing costs.
Revenue rose to $11.1 billion from $10.6 billion previously.
Analysts forecast earnings of $1.41 per share on revenue of $10.84 billion, according to FactSet.
Anda sedang membaca artikel tentang
FedEx 2Q earnings fall on weak air segment
Dengan url
http://pepatahama.blogspot.com/2012/12/fedex-2q-earnings-fall-on-weak-air.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
FedEx 2Q earnings fall on weak air segment
namun jangan lupa untuk meletakkan link
FedEx 2Q earnings fall on weak air segment
sebagai sumbernya
0 komentar:
Posting Komentar