Summary
FedEx Corporation's 10-Q filing for the quarter ended February 28, 2013, reveals a company navigating a challenging economic environment while focusing on operational efficiency and strategic investments. The report indicates continued revenue generation, although growth rates may be influenced by global economic conditions. Investors should pay close attention to the company's cost management initiatives and its outlook for key segments, particularly Express and Ground, which are critical drivers of profitability. The financial statements provide insight into the company's liquidity and capital structure, crucial for assessing its financial health and ability to weather economic downturns or capitalize on growth opportunities.
Financial Highlights
42 data points| Revenue | $10.95B |
| Operating Expenses | $10.36B |
| Operating Income | $589.00M |
| Net Income | $361.00M |
| EPS (Basic) | $1.14 |
| EPS (Diluted) | $1.13 |
| Shares Outstanding (Basic) | 315.00M |
| Shares Outstanding (Diluted) | 317.00M |
Key Highlights
- 1The report covers the quarterly period ended February 28, 2013, with the filing date of March 20, 2013.
- 2FedEx is classified as a large accelerated filer, indicating its significant market capitalization and public float.
- 3The company has filed all required reports for the preceding 12 months and has been subject to these requirements for the past 90 days.
- 4FedEx has submitted and posted all Interactive Data Files required by Rule 405 of Regulation S-T for the preceding 12 months.
- 5There are no indications of the company being a shell company.
- 6The number of outstanding common shares as of March 19, 2013, was 316,868,914.
- 7The filing includes condensed consolidated financial statements (Balance Sheets, Statements of Income, Comprehensive Income, and Cash Flows) along with accompanying notes and a report from independent auditors.