FedEx stock jumps on earnings beat, $5B share buyback

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

FedEx (FDX) posted better-than-expected third-quarter earnings. Adjusted earnings per share of $3.86 per share topped the Street estimate of $3.46. Revenue...

) posted better-than-expected third-quarter earnings. Adjusted earnings per share of $3.86 per share topped the Street estimate of $3.46. Revenue of $21.7 billion was just shy of the $22.05 billion estimate. The postal courier and cargo operator's stock is seeing a boost in Thursday's after-hours trading. FedEx's board has approved a new $5 billion share buyback program.

This dividend stock is finally getting back on the straight and narrow after reporting a stronger bottom line, leading many to grab that dividend! The post 1 Dividend Stock Down 49% to Buy Right Now appeared first on The Motley Fool Canada.Whether you’re new to options or just want a simple method to explore strategies, the Options Wizard can help. Your capital is at risk.

Discover how Warren Buffett amassed his $136 billion net worth, which is up by almost $16 billion this year, and how he spends his fortune. -- The company planning to take Trump Media & Technology Group public sued to force its biggest investor, ARC Global Investments II, to vote in favor of the deal before a critical deadline this week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed decision in focus, Intel boosted by $8.5B in White House grants: Yahoo Finance LiveWall Street is keyed in on Washington this morning, where the Federal Reserve is set to announce its next interest rate decision at 2 p.m. ET. Investors and ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tesla rival Rivian’s market value jumps by over $1.7B after it unveils R2 and halts $5B factory—cutting costs ‘massively’ as Elon Musk suggestedMusk had suggested Rivian would go bankrupt in six quarters without a drastic change.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »