Earnings

FedEx (FDX) Q3 2021 earnings

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Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. December 20, 2020.

Paul Sancya | Reuters

FedEx on Thursday reported better-than-expected profits and revenues in its most recent quarter after what its CFO called an “unprecedented” peak holiday shipping season, despite severe weather in February that impaired operations at several of its largest hubs.

FedEx shares jumped roughly 3% in after-hours trading Thursday.

Here’s how FedEx did compared with what investors are expecting for the fiscal third quarter 2021, ending Feb. 28, based on estimates compiled by Refinitiv:

  • Adjusted EPS: $3.47 per share…



Source cnbc.com

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