Cargo big FedEx Company (NYSE: FDX) Tuesday reported a rise in revenues and adjusted earnings for the fourth quarter of 2024. The constructive top-line efficiency displays income development within the Floor and Freight segments.
Fourth-quarter earnings, excluding one-off objects, elevated to $5.41 per share from $4.94 per share within the year-ago interval. Unadjusted revenue was $1.47 billion or $5.94 per share within the Could quarter, vs. $1.54 billion or $6.05 per share within the corresponding interval of 2023.
Complete revenues had been $22.10 billion within the fourth quarter, in comparison with $21.93 billion final yr. Revenues of the Floor and Freight divisions rose year-over-year.