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-0.00231719876416075 -0.00108135942327502 -0.00221421215242022 -0.00265190525231727 -0.00360453141091667 0.00187615859938209 0.000523686920700278 0.0032440782698249
Stock impact report

FedEx gains after it lifts full-year profit outlook on cost cuts [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
package yields, steady U.S. demand and ongoing cost-cutting efforts, while lifting its full-year profit forecast. Shares of the parcel giant were up 3% in extended trading after its adjusted earnings per share of $5.25 for the quarter, topped analysts' estimates of $4.11. Revenue came in at $24 billion, compared with expectations of $23.48 billion. The company raised its fiscal 2026 EPS outlook to $19.30–$20.10, above the consensus estimate of $18.71 and its prior forecast range of $17.80–$19.00 issued in December. It now expects annual revenue growth of 6.0% to 6.5%, higher than its earlier projection of 5% to 6%. FedEx said performance was supported by higher U.S. domestic and international priority package yields, increased domestic volumes and continued savings from its multi-year restructuring program, including the integration of its Express and Ground networks under its “Network 2.0” initiative. Operating income improved in the quarter, aided by structural cost reduct Show less Read more
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