More on FedEx (FDX): Express revenue up 1% to $6.63B, while ground revenue rose 8% to $2.46B....

|About: FedEx Corporation (FDX)|By:, SA News Editor

More on FedEx (FDX): Express revenue up 1% to $6.63B, while ground revenue rose 8% to $2.46B. Operating margin doubled in Freight segment to 6.4% as volume growth and operating efficiencies kicked in. Plans to raise rates 3.9%. Sees FQ2 EPS of $1.30-$1.45 and full-year EPS of $6.20-$6.60. Shares -1.8% premarket. (PR)