FedEx impacted by market softness but earnings beat expectations
FedEx reported $22.2 billion in revenue, compared to the $23.6 billion it announced during the same period in 2022. (The Daily Memphian file)
FedEx says continued demand weakness, particularly at FedEx Express, affected its most recent earnings period.
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FedEx Raj SubramaniamRob Moore
Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.
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