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Fedex Climbs After Beating Earnings Forecasts As Its Ceo Ramps Up Criticism Of Trump's Trade War (fdx) | Markets Insider
Posted on: June 26, 2019, 12:01 p.m.
FedEx shares rose after the company topped Wall Street's profit forecast. Still, analysts were wary of the package giant's tepid guidance due in part to global trade challenges. "We've been very disappointed over the last few years with the assumptions that we made on the growth in international trade, particularly with the Trump administration," FedEx CEO Fred Smith said on the earnings call. Track FedEx shares here in real-time. FedEx shares rose modestly on Wednesday after the company topped analysts' ... Full investment news articleRelevent to this post: FedEx Pension Fund Barclays Capital,