FedEx Up Post Q4 Earnings Beat: What's Next for FDX Investors?
FDXFedEx(FDX) ZACKS·2024-06-28 00:20

Shares of FedEx Corporation (FDX) performed very impressively on the bourse on Jun 26, ending the trading session at $296.19, up 15.5% from Jun 25’s closing price. The massive northward movement was owing to the better-than-expected earnings per share reported by the package delivery company. Apart from the earnings beat, management issued a favorable earnings forecast for fiscal 2025. This, too, pleased investors leading to the double-digit stock price appreciation.Highlights of Q4 EarningsFedEx's fourth-q ...