FDX - T/A - CBA Expectations
06-22-2014, 05:43 AM
#12
Gets Weekends Off
Joined APC: Jul 2007
Position: Gear Monkey
Posts: 3,193
Yeah, this is posted in the right thread...
FedEx annual net profit tops $2 billion
FedEx earned net income of $2.08 billion for its fiscal year ended May 31, up 34% over a net profit of $1.56 billion for the previous fiscal year, on a 3% rise in revenue to $45.57 billion.
Fiscal year operating expenses increased 1% to $42.12 billion and operating income was $3.45 billion, up 35% over an operating profit of $2.55 billion in the prior fiscal year.
“Fiscal 2014 was a good year for FedEx and we expect fiscal 2015 to be even better,” CFO Alan Graf said, predicting “continued modest economic improvement” globally.
The Memphis-based company’s FedEx Express unit, which operates a fleet of more than 645 cargo aircraft, reported an operating profit for the fiscal year of $1.17 billion, more than doubling an operating profit of $555 million in the prior fiscal year. However, the unit’s revenue was flat year-over-year at $27.12 billion.
FedEx annual net profit tops $2 billion
FedEx earned net income of $2.08 billion for its fiscal year ended May 31, up 34% over a net profit of $1.56 billion for the previous fiscal year, on a 3% rise in revenue to $45.57 billion.
Fiscal year operating expenses increased 1% to $42.12 billion and operating income was $3.45 billion, up 35% over an operating profit of $2.55 billion in the prior fiscal year.
“Fiscal 2014 was a good year for FedEx and we expect fiscal 2015 to be even better,” CFO Alan Graf said, predicting “continued modest economic improvement” globally.
The Memphis-based company’s FedEx Express unit, which operates a fleet of more than 645 cargo aircraft, reported an operating profit for the fiscal year of $1.17 billion, more than doubling an operating profit of $555 million in the prior fiscal year. However, the unit’s revenue was flat year-over-year at $27.12 billion.
06-22-2014, 08:13 PM
#13
Gets Weekends Off
Joined APC: Mar 2008
Position: MD11 Kitchen Bi*ch
Posts: 263
Originally Posted by DLax85
The Memphis-based company’s FedEx Express unit, which operates a fleet of more than 645 cargo aircraft, reported an operating profit for the fiscal year of $1.17 billion, more than doubling an operating profit of $555 million in the prior fiscal year. However, the unit's revenue was flat year-over-year at $27.12 billion.
So how are they going to tell us they are in the poor house and to take pity on them in negotiations???
I'm not a financial analyst, but I could have slept at Holiday Inn Express last night......
06-23-2014, 07:49 AM
#14
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Joined APC: Aug 2006
Posts: 3,931
Originally Posted by Perm11FO
So how are they going to tell us they are in the poor house and to take pity on them in negotiations???
06-23-2014, 11:11 AM
#15
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Joined APC: Oct 2006
Position: B777 Capt(retired)
Posts: 163
Billions at risk as West Coast port contract nears end | Fox News Lemme see.... I don't think these guys have degrees, ATPs, rolling schedules and the responsibilities we have. Check out the pay and benefits.........
06-23-2014, 01:21 PM
#16
Gets Weekends Off
Joined APC: Aug 2006
Position: leaning to the left
Posts: 4,184
Originally Posted by SKYKN6
Billions at risk as West Coast port contract nears end | Fox News Lemme see.... I don't think these guys have degrees, ATPs, rolling schedules and the responsibilities we have. Check out the pay and benefits.........
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