FedEx Q3 revenue reaches $22.86 billion
FedEx reported Q3 revenue of $22.86 billion, versus the IBES estimate of $22.42 billion.
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08:29:30 PM UTC
SquawkNews
By Elias SchisgallFedEx lifted its full-year outlook after higher shipping rates and volumes boosted revenue in its latest quarter.The shipping company on Wednesday posted a profit of $290 million, or $1.21 a share for its calendar-year third quarter, compared with $920 million, or $3.89 a share, a…