FedEx reported a better-than-expected quarterly profit as strong shipments of items ordered online boosted the world No. 2 package delivery company's ground business.
FedEx, whose shares were up 4 percent in premarket trade on Wednesday, also said earnings for 2015 should benefit from ongoing cost cutting and restructuring.
Read MoreFedEx's shipping plans could shake up e-commerce
The company, like larger rival United Parcel Service, has been cutting costs to offset rising fuel prices and is restructuring its Express business, which makes deliveries at a guaranteed day and time.