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"Perhaps the most important forecast is the 2024 median, which in our view will shift up by 25bp to 4.875%, reflecting just 75bp of cuts next year. This would be about 40bp above current market ...
FedEx missed on earnings but beat the revenue estimates. The parcel company issued a stronger-than-expected full-year forecast for fiscal 2023.
In Thursday's earnings release, FedEx reported it made $21.7 billion in revenue for the 2024 fiscal year’s third quarter that ended Feb. 29, which was a decrease from the 2023 fiscal year of $22 ...
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Softness in the European economy as well as decelerating global trade might ail FedEx's (FDX) Q3 results.
FedEx Corporation (NYSE:FDX) announced its latest quarterly earnings report after hours Tuesday, unveiling results that were ahead of what Wall Street was calling for. On the revenue front, FedEx ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.
FedEx Freight reported $2.4 billion in revenue in the second Q2 of the 2024 fiscal year, compared to $2.5 billion in Q2 of the 2023 fiscal year. However, FedEx Freight's operating income jumped 11 ...