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FedEx Stock Pops on Strong Earnings Guidance: 5 Metrics Investors Should See

TheMotleyFool

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FedEx Stock Pops on Strong Earnings Guidance: 5 Metrics Investors Should See

FedEx (NYSE: FDX) stock jumped 2.6% in after-hours trading on Thursday, following the package delivery giant's release of its fourth-quarter fiscal 2022 report that pleased investors.

The main catalyst driving the after-hours rise was fiscal year 2023 earnings guidance that was higher than Wall Street had been expecting. The quarter's revenue and adjusted earnings were essentially in line with the analyst consensus estimate.

Here's an overview of FedEx's quarter and outlook that focuses on five key metrics.

Source Fool.com

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