You are here

FedEx misses earnings target, but sees higher margins ahead

Thursday, March 23, 2017 - 05:50

New York

FEDEX Corp on Tuesday reported worse-than-expected quarterly operating earnings, but an optimistic outlook for margins in the near-term soothed investor concerns and pushed the stock higher in after-hours trading.

Shares of FedEx, often considered a bellwether for the US

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom