FedEx Q3 Revenue Strong Thanks to Higher Rates and Surcharges
cathyroberson.substack.com
Overall, FedEx had a good fiscal third quarter (ending February 28), noting that December 2021 was its most profitable December in its history. Total revenue was up 10% year-over-year while the operating margin (as reported) was 5.6% versus 4.7% same period last year or 6.2% versus 4.9% same period the previous year, adjusted.
FedEx Q3 Revenue Strong Thanks to Higher Rates and Surcharges
FedEx Q3 Revenue Strong Thanks to Higher…
FedEx Q3 Revenue Strong Thanks to Higher Rates and Surcharges
Overall, FedEx had a good fiscal third quarter (ending February 28), noting that December 2021 was its most profitable December in its history. Total revenue was up 10% year-over-year while the operating margin (as reported) was 5.6% versus 4.7% same period last year or 6.2% versus 4.9% same period the previous year, adjusted.