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FedEx Projects Profit Growth This Year (opens original article in a new tab)

TL;DR

FedEx earnings for the fiscal fourth quarter topped Wall Street estimates and the company is projecting profit growth this year, suggesting that cost-cutting efforts are working.

  • FedEx earnings for the fiscal fourth quarter topped Wall Street estimates
  • FedEx is projecting profit growth this year
  • Cost-cutting efforts are suggested to be working

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