FedEx Beats Estimates, Reaffirms Full-Year Outlook

The video discusses FedEx's fiscal first quarter earnings, highlighting a significant earnings per share of $2.10, surpassing the consensus of $1.96. This includes a 15-cent boost from share buybacks and lower pension expenses. FedEx also exceeded revenue expectations with $11.68 billion, compared to the consensus of just under $11.5 billion. The video notes a 4% sales growth year-over-year and discusses FedEx's role as an economic indicator, alongside Walmart sales, in assessing the health of the economy.

What was FedEx's earnings per share in the first quarter compared to the consensus?

• $2.00 vs $1.90

• $1.90 vs $2.00

• $1.96 vs $2.10

• $2.10 vs $1.96

What factors contributed to the boost in FedEx's bottom line?

• New product launches and partnerships

• Higher shipping rates and fuel surcharges

• Share buybacks and lower pension expenses

• Increased sales and marketing

How much revenue did FedEx report, and how did it compare to analyst estimates?

• $11.50 billion, below estimates

• $11.50 billion, above estimates

• $11.68 billion, below estimates

• $11.68 billion, above estimates

What was the percentage of year-on-year sales growth reported by FedEx?

• 7%

• 6%

• 5%

• 4%

Which other company's sales are mentioned as an economic indicator alongside FedEx?

• Amazon

• Walmart

• UPS

• Target