NYSE:FDXLogistics
FedEx (FDX) Valuation Check After Earnings Beat Cost Cuts And Planned Freight Spin Off
Investor confidence in FedEx (FDX) has been rising due to better-than-expected earnings, cost reduction efforts, an optimistic management outlook, and plans to spin off the freight business.
See our latest analysis for FedEx.
Those earnings and cost cuts are showing up in the share price action, with a 27.38% 90 day share price return and a 24.54% 1 year total shareholder return suggesting that momentum has been building rather than fading.
If FedEx’s recent move has caught your eye, this can...