FedEx Corporation (FDX.SW)
| Previous close | 181.00 |
| Open | N/A |
| Bid | 157.71 x N/A |
| Ask | 163.00 x N/A |
| Day's range | N/A - N/A |
| 52-week range | 159.88 - 181.00 |
| Volume | |
| Avg. volume | 0 |
| Market cap | 56.279B |
| Beta (5Y monthly) | 1.22 |
| PE ratio (TTM) | 15.13 |
| EPS (TTM) | 11.96 |
| Earnings date | 25 Jun 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
UPS to become primary air cargo provider for USPS
United Parcel Service (UPS) has agreed to a contract with the United States Postal Service (USPS) to become its primary air cargo provider. FedEx (FDX) is the current provider but claimed in a regulatory filing that it could not reach mutually beneficial terms to extend its contract. Yahoo Finance Anchors Brad Smith and Jared Blikre break down why FedEx stepping away from the agreement could be a potential positive for the company. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Nicholas Jacobino
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- Yahoo Finance Video
FedEx sees profit gains on cost-cutting efforts
Shares of FedEx (FDX) are trading higher in the premarket after the company issued its third quarter report. The company beat on profits for the quarter in what CEO Raj Subramaniam called a “difficult demand environment.” While missing on revenue expectations, the company surpassed adjusted EPS expectations of $3.46, coming in at $3.86. Seana Smith and Jared Blikre discuss how FedEx’s cost-cutting plan has contributed to the company’s progress. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's Note: This article was written by Gabriel Roy.
