FedEx Earnings Were Strong. Cost Cuts and Shipment Volume Helped.
Market Intelligence Analysis
AI-PoweredFedEx reported strong Q2 earnings, beating Wall Street expectations with adjusted EPS of $4.82 and sales of $23.5 billion, exceeding forecasts of $4.12 EPS and $22.8 billion in sales.
Market impact analysis based on bullish sentiment with 65% confidence.
Article Context
A lot is going on at FedEx so the stakes were high for its second-quarter results, reported Thursday evening. For the fiscal second quarter, FedEx reported adjusted earnings per share of $4.82 from sales of $23.5 billion. Wall Street was looking for EPS of $4.12, from $22.8 billion in sales.
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