Seeking Alpha

No panic over FedEx's profit miss

  • FedEx (FDX) regains a good chunk its early loss and trades only 0.1% lower premarket following a profit miss with its FQ2 report.
  • A key point from FedEx's quarter was that margins in the Express segment held up well, notes Hedgeye.
  • No panic from UPS (UPS) investors over the miss at FedEx, shares trade flat premarket.
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