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Stock impact report

FedEx stock reacts to mixed Q2 earnings, freight spin off plans [Yahoo! Finance]

Lamb Weston Holdings, Inc. (LW) 
Last lamb weston holdings, inc. earnings: 4/1 08:30 am Check Earnings Report
US:NYSE Investor Relations: lambweston.com/investors
Company Research Source: Yahoo! Finance
releasing fiscal second quarter earnings results alongside an announcement that it plans to spin off its FedEx Freight business. While topping adjusted earnings per share estimates ($4.05 vs. the expected $3.98), FedEx came just short of its revenue estimates ($22.0 billion vs. expected $22.15 billion). Its FedEx Freight unit also came below revenue forecasts by posting $2.18 billion ($2.36 billion was expected). Market Domination Overtime's Julie Hyman and Josh Lipton report more on the latest news out from FedEx, which is also cutting its adjusted earnings full-year forecast. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here This post was written by Luke Carberry Mogan Related Videos Nike stock pops on earnings beat Yahoo Finance Video • 6 minutes ago Tesla: 3 top moments that defined the EV maker in 2024 Yahoo Finance Video • 19 minutes ago Dow snaps 10-day losing streak, Nasdaq and S&P 500 tic Show less Read more
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