FedEx Corp is a global logistics and transportation company that provides a wide range of delivery services, including overnight shipping, freight transportation, and supply chain solutions. With a comprehensive network that spans across the globe, FedEx facilitates the timely movement of goods for businesses and consumers, offering innovative solutions that enhance efficiency and reliability. The company’s various segments focus on different aspects of logistics, such as express shipping, ground transportation, and e-commerce solutions, making it a vital player in connecting markets and enabling commerce worldwide. Read More
Parcel and cargo delivery company FedEx (NYSE:FDX) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 3.1% year on year to $22.24 billion. Its non-GAAP profit of $3.83 per share was 5.8% above analysts’ consensus estimates.
The stock was likely getting a lift from rival FedEx’s fiscal Q1 earnings, as it topped Wall Street’s estimates on robust domestic demand and cost control measures.
Shares of United Parcel Service Inc. rose 2.48% to $87.16 in after-hours trading on Thursday after the company announced the cancellation of its planned acquisition of Estafeta.
