Reuters: Money: FedEx profit rise beats estimates

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FedEx profit rise beats estimates Mar 22nd 2012, 14:24 1 of 3. A Federal Express truck loads packages at one of the company's FedEx Office outlets in Encinitas, California in this file photo taken January 16, 2011. FedEx Corp reported higher quarterly profit that beat estimates, citing higher revenue per package and record holiday shipping, and forecast further advances in the current quarter. FedEx said on Thursday that net earnings in the third quarter ended Feb. 29 rose to $521 million, or $1.65 per share, from $231 million, or 73 cents a share, a year earlier. Credit: Reuters/Mike Blake/Files

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