JPMorgan analysts lauded FedEx's performance, highlighting l...
JPMorgan analysts lauded FedEx's performance, highlighting lower capex, a renewed buyback program, and a beat in Express amid low expectations. Baird analysts also applauded the company's improved margin performance at Express despite a tough revenue/demand backdrop, dubbing the company's quarterly performance a 'one shining moment relative to lower expectations'.
FedEx Jumps on Profit Beat, Improved Margins in Its Largest Unit
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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