FedEx Corporation (NYSE: FDX) reported total revenue of $22.8 billion for the second quarter of 2023, down 3% compared to the same period a year ago.
Net income decreased 25% to $788 million and EPS dropped 21% to $3.07. Adjusted EPS was $3.18.
For the full year of 2023, FedEx expects EPS of $12.50-13.50 before the MTM retirement plans accounting adjustments.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Shares of the J.M. Smucker Co. (NYSE: SJM) were up over 4% on Tuesday after the company reported its earnings results for the second quarter of 2024. Profits beat expectations
Electric car maker NIO Inc. (NYSE: NIO) reported a net loss for the third quarter of 2023, despite a sharp increase in revenues. The China-based company also provided its guidance
Ocean Biomedical’s breast cancer research uncovers new tumor suppression pathway for its proprietary antibody
Biopharma company Ocean Biomedical, Inc. (NASDAQ: OCEA) on Tuesday said that new findings, co-authored by the company’s scientific co-founder Jack A. Elias in the peer-reviewed journal Immunity, have revealed the