US Stocks Move | FedEx rises over 3% to a record high as adjusted earnings guidance for the third fiscal quarter beats expectations
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Gelonghui, February 12｜FedEx (FDX.US) rose over 3%, reaching a high of $378.75, setting a new historical record. According to reports, FedEx expects its adjusted earnings for the third fiscal quarter ending in February to be $3.99, exceeding market expectations. In addition, the company has set financial targets for fiscal year 2029, including consolidated revenue of $98 billion, operating profit of $8 billion, and an operating profit margin of 8%. (Gelonghui)
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