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FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%

Shares of the parcel delivery firm jumped 13% in extended trading after operating margin in its largest unit, Express, rose 2.5% in the February fiscal quarter from 1.2% a year ago.

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​ Shares of the parcel delivery firm jumped 13% in extended trading after operating margin in its largest unit, Express, rose 2.5% in the February fiscal quarter from 1.2% a year ago. Shares of the parcel delivery firm jumped 13% in extended trading after operating margin in its largest unit, Express, rose 2.5% in the February fiscal quarter from 1.2% a year ago.  Moneycontrol Latest News Read More  

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