FedEx Shows Solid 2nd Quarter But Shares are Overvalued
Update: 2025-10-11
Description
Revenue for FedEx’s fiscal second-quarter 2021 which ended November expanded a solid 19% year over year, above Morningstar’s expected run rate--especially at Ground--and ahead of the 13% rise last quarter.Consistent with recent quarters, the marked e-commerce shift is driving substantial residen....
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