FedEx Expects Profit Boost This Quarter, Easing Investor Worries
FedEx projects higher profits this quarter compared to last year, lifting investor confidence despite ongoing industry challenges and higher costs.
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UPS Beats Profit Expectations as Massive Job Cuts and Cost Reduction Drive Turnaround
UPS third-quarter earnings exceed forecasts as 34,000 job cuts and strategic network changes boost profits. Shares jump 12% despite ongoing tariff challenges.
JPMorgan Downgrades FedEx Amid Freight Segment Concerns
JPMorgan downgrades FedEx from Overweight to Neutral, cutting price target to $274. Analyst cites freight segment challenges and concerns over earnings guidance.
FedEx Kicks Off Fiscal 2026 with Strong Performance and Clear Future Plans!
FedEx posted higher profits & revenue, thanks to cost cuts & strong US package volumes. They plan to spin off FedEx Freight by June 2026. Rates will rise 5.9% in Jan 2026. FedEx forecasts revenue growth despite tariff impacts, aiming for $1B in cost savings.