FedEx expects e-commerce boom here to stay
Memphis-based FedEx said it does not expect surging e-commerce business to weaken post-COVID-19. Earnings reported Tuesday beat Wall Street estimates.
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Memphis-based FedEx said it does not expect surging e-commerce business to weaken post-COVID-19. Earnings reported Tuesday beat Wall Street estimates.
FedEx reported earnings for the December-February quarter on Tuesday, March 17, amid widespread uncertainty about coronavirus impact on future.
FedEx believes it is on track to "easily" grow earnings per share 10%-15% by 2021, though the global economy is a major wild card in forecasting future results.
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