FedEx reports a loss, but revenue tops Street expectations

FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street expectations as the virus pandemic continues to fuel a boom in online shopping.

FedEx's stock rose more than 9% in after-market trading following the results report.

With many ...

from www.washingtontimes.com stories: Health https://ift.tt/38eKARj

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