5 Key Highlights From FedEx Corporation's Q1 Earnings Call

FedEx (NYSE: FDX) exited its 2017 fiscal year with strong earnings momentum, posting 14% growth in adjusted earnings per share for the full year. However, the package delivery giant stumbled out of the gate to begin fiscal 2018 due to a damaging ransomware attack that hit its TNT Express subsidiary in late June.

A significant proportion of the FedEx earnings call last week was devoted to discussing how the company has reacted to the cyberattack. Management also spent some time highlighting positive trends in the rest of FedEx's business. Here are five points that FedEx executives emphasized during the call.

FedEx has almost fully recovered from the cyberattack on TNT Express. Image source: Pixabay.

Continue reading


Source: Fool.com