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Stock impact report

Jim Cramer Applauds FedEx for a Strong Quarter [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
“Look at these numbers from FedEx. After the close today, the freight powerhouse reported a truly strong quarter with higher-than-expected revenues and a 70-cent earnings beat… Even better, management raised the low end of their full-year forecast for both revenue and earnings. This company spent years trying to cut costs and optimize its delivery network. Clearly, those efforts are paying off. And even though the freight division came in a little weaker than expected, that business has been struggling for a while now, and FedEx plans to spin it off next year.” Fedex Ground FDX obi-onyeador-8LCZb66I4wg-unsplash FedEx Corporation (NYSE:FDX) provides transportation, shipping, and logistics services, including express and freight delivery, e-commerce solutions, and supply chain management. Cramer discussed it as part of his game plan during the December 12 episode and said: “Next up, I like Thursday… After the close is the biggest night of the week when CNBC Investing Club positio Show less Read more
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