Subramaniam said results were “largely driven” by Federal Express Corporation (FEC), which grew revenue 10% and expanded adjusted operating margin by 50 basis points. He said the quarter marked the sixth consecutive quarter of margin expansion at FEC, with adjusted operating income up 18%.Chief Financial Officer John Dietrich said FedEx’s adjusted earnings per share increased 16% year over year. He noted that third-quarter adjusted EPS included a one-time benefit of $0.41 from a favorable effective tax rate ...