FedEx Bets On Cost Cuts To Boost Margins, Says Analyst
1. FedEx's quarterly earnings surpassed expectations at $3.83 per share. 2. Sales of $22.20 billion exceeded forecasts of $21.66 billion. 3. Analyst raised FDX price target from $240 to $244 but maintained Neutral rating. 4. Cost reductions and trade growth are expected to support future margins. 5. Fiscal 2026 earnings estimates raised but indicate slight year-over-year decline.