FedEx Freight | FedEx Corporation (FDX) FORM 8-K | Current report Dec 20 2016

FedEx Freight Segment
For the second quarter, the FedEx Freight segment reported:









Fiscal 2017 Fiscal 2016 Change
Revenue

$1.60 billion $1.55 billion 3%
Operating income

$88 million $101 million (13%)
Operating margin

5.5% 6.5% (1.0 pts)


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Revenue increased 3% due to growth in less-than-truckload average daily shipments, partially offset by lower weight per shipment.

Operating results decreased due to the impact from lower average weight per shipment and higher information technology expenses.
 
FedEx randomly misses a quarter, the problem is when we start to do it regularly. I would never own FedEx stock for the dividend because the share price to dividend paid is horrible. For an average cost of $10,000 I am able to match my current pension payout if I was retired at less then half what FedEx shows in the account. Simply put there are stocks out there with great dividends at much cheaper prices.
 
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