FedEx Freight Fiscal Q4 Adjusted Operating Earnings Fall, Revenue Rises

MT Newswires Live

06/26

FedEx Freight (FDXF) reported fiscal Q4 adjusted operating earnings late Thursday of $363 million, down nearly 24% from a year earlier.

Revenue for the quarter ended May 31 was $2.4 billion, up 4.8% from a year ago.

Analysts surveyed by FactSet expected $2.28 billion.

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