Jun. 25 at 3:20 PM
$FDX beat earnings, but why the post-market plunge? 📉
FedEx delivered a Q4 EPS of
$6.07, topping the Zacks Consensus Estimate of
$5.93 and rising YoY in earnings. Yet, a bleak outlook and cautious commentary sent shares down over 5% after hours. 🚨
$SUPL $IYT $FTXR $SHPP Full breakdown here 👉 https://www.zacks.com/commentary/2553977/fedex-shares-slip-after-fiscal-q4-earnings-etfs-in-focus?cid=sm-stocktwits-2-2553977-body-115&ADID=SYND_STOCKTWITS_TWEET_2_2553977_BODY_115