FedEx Corp. topped expectations for its latest quarter after a surge in online shopping during the crucial holiday period drove results in its ground segment. The company also lifted the low-end of its earning forecast for its business year ending in May and said it expects momentum to carry into the new year. FedEx reported a profit of $507 million, or $1.84 a shares, down from $628 million, or $2.18 a share, a year earlier. Excluding legal fees and acquisition costs, among other items, per-share profit rose to $2.51 from $2.03. Revenue rose 8.5% to $12.7 billion. Analysts projected $2.34 in adjusted earnings per share and $12.38 billion in revenue, according to Thomson Reuters. The company said it now expects to earn an adjusted $10.70 to $10.90 a share this year, versus earlier guidance of $10.40 to $10.90. Analysts have been looking for $10.56 in earnings per share. Shares of FedEx gained 4.8% to $151.25 in after-hours trading. Will company’s shares rise more today?