FedEx (NYSE:FDX) reported quarterly earnings of $3.86 per share which beat the analyst consensus estimate of $3.45 by 11.88 percent. This is a 13.2 percent increase over earnings of $3.41 per share from the same period last year. The company reported quarterly sales of $21.70 billion which missed the analyst consensus estimate of $22.04 billion by 1.54 percent. This is a 2.12 percent decrease over sales of $22.17 billion the same period last year.