FedEx posted strong fiscal third quarter results on Thursday and raised its guidance following a strong performance.
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FedEx
on Thursday reported strong fiscal third-quarter results that beat Wall Street's expectations.
The company also raised its guidance for fiscal 2026, projecting revenue growth of 6% to 6.5% compared with analyst estimates of up 5.6%.
Shares of FedEx rose roughly 3% in extended trading.
FedEx projected higher annual revenue for fiscal 2029 and third-quarter earnings that will exceed Wall Street estimates due to an…
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.
Wells Fargo and Bernstein respectively see upside of 13% and 27% ahead for FedEx.
CNBC's Jim Cramer on Friday explained why he's positive on FedEx after the company surprised Wall Street with a strong quarter.
FedEx CEO Raj Subramaniam reviewed his company's quarter in an interview with CNBC's Jim Cramer.
Pfizer hiked its full-year profit guidance, citing its strong business performance and cost cuts, even as sales for the period…
