FedEx (FDX) cost-cutting will likely remain the main driver in recovering earnings back to the pandemic era records, notes Anthony Deruijter. He and Scott Schneeberger discuss how FedEx delivers on earnings and issues positive guidance. Schneeberger highlights that FedEx achieved year-over-year operating profit growth and margin expansion every quarter via drive expense reductions.
Trading 360
26 Jun 2024
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