Early Access

10-QPeriod: Q2 FY2019

FEDEX CORP Quarterly Report for Q2 Ended Nov 30, 2018

Filed December 18, 2018For Securities:FDX

Summary

FedEx Corporation's (FDX) 10-Q filing for the period ending November 29, 2018, provides a snapshot of its financial performance during the second quarter of fiscal year 2019. The report details the company's financial position, results of operations, and cash flows. Investors should pay close attention to the Management's Discussion and Analysis (MD&A) for in-depth insights into the operational drivers and financial condition of the company. This filing is crucial for understanding FedEx's performance in a dynamic global economic environment. While specific figures from the provided text are limited to the reporting period and filing date, the structure of the 10-Q indicates a review of key financial statements including the Balance Sheet, Income Statement, and Cash Flow Statement. Investors will be keen to understand revenue trends, profitability margins, and any significant changes in assets, liabilities, and equity. The report also includes essential information on legal proceedings and risk factors, which are critical for a comprehensive assessment of the company's future prospects and potential challenges.

Financial Statements
Beta
Revenue$17.82B
Cost of Revenue$4.35B
Gross Profit$13.48B
Operating Expenses$16.66B
Operating Income$1.17B
Net Income$935.00M
EPS (Basic)$3.56
EPS (Diluted)$3.51
Shares Outstanding (Basic)262.00M
Shares Outstanding (Diluted)266.00M

Key Highlights

  • 1The filing covers the second quarter and first six months of fiscal year 2019, ending November 29, 2018.
  • 2Key financial statements presented include Condensed Consolidated Balance Sheets, Statements of Income, Comprehensive Income, and Cash Flows.
  • 3Management's Discussion and Analysis (MD&A) is a critical section for investors to understand operational results and financial condition.
  • 4The report includes 'Notes to Condensed Consolidated Financial Statements' which provide detailed explanations of accounting policies and significant transactions.
  • 5Disclosures regarding market risk and legal proceedings are included, offering insights into potential financial exposures and contingent liabilities.
  • 6Risk Factors section (Item 1A) is important for investors to understand potential challenges and uncertainties facing FedEx.
  • 7The filing is from FedEx Corporation (FDX), a major player in the global logistics and transportation industry.

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