FedEx Freight shares surge 14.9% following first earnings report as independent company
FDX Fedex Corp
$318.84 +3.47%
View chart & analysis → - 1FedEx Freight shares surged 14.9% as of 1:10 p.m. ET.
- 2FedEx Freight recorded $3.3 billion in revenue for the four-month conversion period ended September 30, 2026.
- 3FedEx Freight saw a 43% year-over-year decrease in diluted earnings per share.
So what's the key point?
FedEx Freight's stock price rose 14.9% after the company released its first earnings report as an independent entity. Although diluted earnings per share fell 43% compared to the previous year, the stock price increased significantly.
Source The Motley Fool +1 · View original ↗
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