![]() FedEx said that results for the quarter were negatively impacted by continued weakness in demand as well as by cost inflation.Ĭompany noted that lower global volumes contributed to weaker operating results in its Express unit while the Freight segment was negatively impacted by decreased shipments as well as lower weight per shipment. Nevertheless, both sales and earnings were much lower compared to a year-ago period. Results turned out to be mixed - revenue missed estimates while earnings turned out to be slightly higher than expected. ![]() ![]() ![]() Start investing today or test a free demo Open real account Try demo Download mobile app Download mobile appįedEx published its earnings report for fiscal-Q4 2023 (quarter ended on May 31, 2023) on Tuesday after the close of the Wall Street session. ![]()
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