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FedEx Earnings Beat. Shares Are Down Anyway.

Photo of Nora James Nora James December 20, 2022
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FedEx Earnings Beat. Shares Are Down Anyway.
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Investors were hoping for a better quarterly results from FedEx. Instead, the shipping company continues to be hurt by a weakening economy and slowing volumes.

Tuesday evening,


FedEx


(ticker: FDX) reported adjusted fiscal second quarter earnings per of $3.18 from $22.8 billion in sales.

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