FedEx (FDX) earnings Q2 2021


A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC.

Drew Angerer | Getty Images News

FedEx generated better-than-expected profits and revenue during its most recent quarter as the coronavirus pandemic continues to bolster high volume of U.S. and international package deliveries, the company said Thursday.

The package delivery service not provide an earnings forecast for fiscal 2021, citing continued uncertainty and higher costs stemming from the Covid-19 pandemic. Shares of the company fell more than 3.5% in after-hours trading.

Here’s how FedEx did compared with what investors are expecting for the fiscal second-quarter 2021, which ended Nov. 30,…

Source cnbc.com

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