Business

FedEx Earnings Forecast Beats Estimates

Published

on



FedEx Corp. forecast annual earnings above analysts’ expectations and posted quarterly profit that matched estimates as the courier benefits from higher package prices and resolves some operating snags tied to the labor shortage. The shares rose in late trading. Bloomberg’s Thomas Black recaps the earnings.

source

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version