— Shares of the shipping company jumped more than 8% in extended trading after beating on the top and bottom lines of its stellar quarterly results. FedEx reported earnings of $4.87 per share on revenue of $19.32 billion. Analysts polled by Refinitiv expected earnings of $2.69 per share on revenue of $17.55 billion. A key metric for the company, margin, came in 2% higher than last year. FedEx did not provide any forward-looking guidance.
— Shares of the software company popped more than 4% after the bell on Tuesday after reporting better-than-expected earnings and revenue for the fiscal third quarter. Adobe reported earnings per share of $2.57, while analysts expected earnings of $2.41 per share, according to Refinitiv. Revenue came in at $3.23 billion, topping estimates of $3.16 billion. Fourth quarter guidance came in in line with estimates.
FDX has a huge beat but fails to Provide Guidance -This is the new trend and it's getting ridiculous
jimcramer
FireCramer FireJimCramer FireJimCramerNow FireJimCramerCNBC
Shame on Cramer & CNBC not apologizing for Cramer’s denigration of Speaker Pelosi. She is the Speaker of the US House of Representatives & deserves respect from the media. What does this say about CNBC’s journalistic integrity? It has lost all credibility with me. BoycottCNBC
It must have been really, really dark when Netflix dropped nine billion I guess.
CNBC needs to fire Jame Cramer for calling Nancy Pelosi crazy on air.
That’s interesting, but you really need to FireJimCramer, don’t you?
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