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FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx reported better-than-expected quarterly earnings and revenue Tuesday. The company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its ...
LOS ANGELES (Reuters) -FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid volatile global demand, sending shares of the delivery ...
FedEx Corporation (NYSE:FDX) shares surged as the company reported a strong quarterly performance, surpassing revenue and profit expectations. The company reported adjusted earnings per share of $3.83 ...
Dec 18 (Reuters) - Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes to move goods that would have flown on its fleet of ...
FedEx Corp., the world's largest air-cargo carrier, forecast annual profit that trailed analysts' estimates as labor costs climb in a "moderate" economic recovery. The shares fell the most since ...
FedEx on Thursday hiked its full-year earnings forecast as it said cost-cutting measures offset continued demand weakness at units including FedEx Express. FedEx now expects adjusted earnings per ...
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