FedEx Shows Resilience with Improved Profit Guidance and Cost Reductions

about 1 month ago

Jordan Fitzgerald

"FedEx opposite story. FedEx uh shares last I checked were up 2 and a.5% about in the post market and FedEx narrowed its fullear EPS guidance to the upside and also posted a quarterly beat on profit and that really comes from the fact that demand is improving."

The commentary highlights that FedEx is benefiting from improved demand, better EPS guidance, and effective cost-cutting measures, contributing to its post-market gain. It underscores the company's ability to navigate headwinds and suggests a positive near-term outlook.

Related Stocks