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FedEx beats expectations and raises outlook in first report since calendar adjustment

By ChordNews · First written

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Summary

FedEx beat Wall Street expectations on both the top and bottom lines for the third quarter of its newly aligned fiscal year, reported on Wednesday, October 28. The company also raised its outlook, in its first report since the calendar adjustment.

This continues an earlier story: UPS beats third-quarter expectations and raises full-year guidance again

Later: Versant beats third-quarter earnings expectations as digital platforms drive growth

Timeline

  1. CNBC

    Source ↗

    CNBC reports that FedEx beat Wall Street expectations on the top and bottom lines for the third quarter of its newly aligned fiscal year and raised its outlook.

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