Logan Purk | Source | Senior Research Analyst at Edward Jones
Logan Purk
Senior Research Analyst at Edward Jones
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Edward Jones (https://www.edwardjones.com/)
Senior Research Analyst
started Feb 2015
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FedEx misses on earnings, but sees higher margins ahead
FedEx Corp on Tuesday reported worse-than-expected quarterly operating earnings, but an optimistic outlook for margins in the near-term soothed investor concerns and pushed the stock higher in after-hours trading.
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Looking at the quarter in isolation, itโs not great, but looking forward, which is what the market is going to focus on, it actually looks fairly bright.
