Saturday, July 22, 2017

FedEx Earnings Review

The fourth-quarter results from FedEx Corporation (NYSE:FDX) were broadly positive, but the best word to describe them is "noisy." The headline numbers were impacted by a combination of issues including the integration of TNT Express, pricing actions taken to improve yield, and network expansion costs. There is a lot going on in the earnings report; here are the key points

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