FedEx Corp. Reports Strong First Quarter Results

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UPS (UPS) Trades Higher in Sympathy with FedEx (FDX) Following Blowout Earnings

September 15, 2020 4:22 PM EDT

UPS (NYSE: UPS) Trades Higher in Sympathy with FedEx (NYSE: FDX) Following Blowout Earnings

FDX up 6%UPS up 2.75%... More

FedEx (FDX) Tops Q1 EPS by $2.18

September 15, 2020 4:03 PM EDT

FedEx (NYSE: FDX) reported Q1 EPS of $4.87, $2.18 better than the analyst estimate of $2.69. Revenue for the quarter came in at $19.3 billion versus the consensus estimate of $17.55 billion.

Outlook

FedEx is not providing an earnings forecast for fiscal 2021. The capital spending forecast for... More