FedEx Stock Surges as Profit Forecast Tops Analyst Expectations
The logistics giant, FedEx, has thrilled investors with some impressive financial results. The company reported adjusted earnings per share (EPS) of $5.41, which is slightly higher than the analyst consensus of $5.34. This means the company did better than what most experts had predicted, causing FedEx shares to soar by more than 15% in after-hours trading.
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