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FedEx: Fiscal Q3 Earnings Snapshot

MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal third-quarter net income of $1.06 billion.

On a per-share basis, the Memphis, Tennessee-based company said it had profit of $4.41. Earnings, adjusted for non-recurring costs, came to $5.25 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $4.14 per share.

The package delivery company posted revenue of $24 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $23.59 billion.

FedEx expects full-year earnings in the range of $19.30 to $20.10 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDX at https://www.zacks.com/ap/FDX

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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