FedEx shares shoot up 14% with optimism on earnings call

By , Daily Memphian Published: June 25, 2024 6:25 PM CT

The company returned nearly $4 billion to stockholders as it met its goal to trim $1.8 billion in operating expenses, including $500 million in the Express division.


FedEx Q4 earnings
Jane Roberts

Jane Roberts

Longtime journalist Jane Roberts is a Minnesotan by birth and a Memphian by choice. She's lived and reported in the city more than two decades. She covers business news and features for The Daily Memphian.


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