Costs rose, but revenue and package was up due to greater than expected fuel surcharges, says Burns McKinney. He discusses FedEx’s (FDX) earnings report which was released yesterday, June 23rd postmarket. He talks about how FDX’s outlook heavily depends on pricing power, which could be why FDX is only down about 5% year-to-date. George Tsilis also joins to demonstrate an example trade using FDX. Tune in to find out more.
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