FedEx Earnings Top Expectations As Company Reviews Freight Segment
FedEx closed the door on the fiscal year late Tuesday with better-than-expected fourth-quarter earnings and revenue. The shipping heavyweight also gave initial fiscal 2025 guidance, as FedEx prepares for life without a contract with the United States Postal Service (USPS). FedEx reported fiscal fourth-quarter EPS growing 9.5% to $5.41 with revenue increasing 1% to $22.10 billion.