FedEx (FDX) shares gain despite revenue miss as earnings top expectations

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FedEx Corp. Reports Second Quarter Results

December 20, 2022 4:03 PM EST

Fiscal 2023 Cost Reduction Initiatives Accelerated

Fiscal 2023 Capital Spending Forecast Reduced by $400 Million

MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the second quarter ended November 30 (adjusted measures exclude the items listed below for the applicable fiscal year):

 

 

Fiscal 2023

 

Fiscal... More