FedEx reported third-quarter earnings per share of $3.74. Wall Street was looking for $3.34.
The shipping company now expects revenue to grow around 12% for the calendar year.
Key TakeawaysFedEx Freight shares jumped 14% after its first standalone report beat profit estimates and raised its outlook.
Shares of FedEx Freight surged 14% in early trading on Friday, with analysts backing the trucking firm's 2027 growth ...
The company executed significant portfolio-shaping actions, including the spin-off of FedEx Freight and the sale of FedEx ...
The shipping company forecasts high-single-digit domestic revenue growth in the fourth quarter.
FedEx on Wednesday beat Wall Street expectations on the top and bottom lines for the third quarter of its newly aligned ...
Oct 28 (Reuters) - FedEx forecast annual profit above estimates on Wednesday after it reported a 28% rise in third-quarter ...
FedEx raised its profit and sales guidance for the year, another promising sign for parcel carriers heading into the ...
FedEx just spun off its freight division and switched to a calendar fiscal year, making Wednesday's earnings the first real ...
FedEx reported strong earnings during Q3 that exceeded previous estimates during a quarterly earnings call Oct. 28.
It was reported in early October that the contractor providing the drivers for the local Buena Vista FedEx ground facility ...
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