Want to join the conversation?
Express delivery service provider $FDX posted lower 3Q16 earnings, hurt by certain legal matter expenses and pending acquisition of TNT Express. $FDX reported net income of $507MM, or $1.84 per diluted share, down 19% from $628MM, or $2.18 per diluted share, in 3Q15. Revenue grew 8% YoverY to $12.6Bil. Excluding items, $FDX earned $2.51 per share.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.