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FEDEX EARNINGS BEAT AT $2.46/share (Est. $2.36/share)

Jun 18, 2014, 17:01 IST

Justin Sullivan/Getty Images

FedEx earnings came in at $2.46/share, against expectations for $2.36.

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The firm guided to full-year earnings of $8.50-$9.00, against $8.73 forecast.

Revenue came in at $11.8 billion versus estimates of $11.66 billion.

CEO Fred Smith said he sees "continued modest economic improvement" in 2015.

Shares were up about 2% pre-market.

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