FedEx Corporation (NYSE:FDX) kicked off its fiscal year 2017 with a bumper set of first-quarter earnings. All three of its ongoing segments (express, ground, and freight) reported revenue and operating-income increases. Looking ahead, management outlined expectations for the integration of TNT Express, and announced pricing increases and a change to the company's fuel surcharge pricing. Let's take a look at the earnings report and what it all means.
READ THE FULL EQUITY RESEARCH REVIEW LINKED
Post a Comment