The company’s q4 earnings soared from $4.25 per share. Cash flow from operations was $1.2 billion, up. Web fedex freight's fourth quarter operating profit was also a record profit of $175 million, up $45 million and an amazing 35%. Web fedex freight's fourth quarter operating profit was also a record profit of $175 million, up $45 million and an amazing 35%. That would equate to $13.37 billion. Freight's operating margin was 9.4%,. That is much higher than the 28% forecast of analysts, or. Fedex gross profit for the twelve months ending november 30,. Revenue slipped to $17.4 billion from. Statutory tax rate decreased from 35% to 21%.
Freight's operating margin was 9.4%,. That is much higher than the 28% forecast of analysts, or. Freight's operating margin was 9.4%,. Web fourth quarter net income included a tax benefit of $46 million ($0.18 per diluted share) related to revisions of prior year estimates for actual tax return results. Fedex gross profit for the twelve months ending november 30,. Cash flow from operations was $1.2 billion, up. Web for the full year, the company expects revenue growth of 37%, it said. Revenue slipped to $17.4 billion from. Web fedex freight's fourth quarter operating profit was also a record profit of $175 million, up $45 million and an amazing 35%. Web our diluted eps decreased by $0.77 for both the fourth quarter and full year 2017.asa result of the tax act, starting in 2018, the u.s. Statutory tax rate decreased from 35% to 21%.
