1. FedEx outperformed Wall Street estimates in its most recent quarter, while Airborne Express warned analysts its volume would be flat. 2. Excluding the effect of the settlement and other nonrecurring items, the company, based in Seattle, modestly outperformed estimates by most Wall Street analysts. 3. Mainframes and minicomputers sold in greater quantities than expected, and the service operations outperformed estimates in both revenues and profit margins. 4. The company outperformed the estimates because its revenue from each vehicle stayed flat despite increasing discounts, analysts said. 5. The economy outperformed estimates, increasing tax revenues and cutting interest on the federal debt. |