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FedEx earnings miss estimates but the stock could make a comeback?

FedEx earnings miss estimates but the stock could make a comeback?


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Shares of FedEx Corporation (NYSE:FDX) slipped more than 5% on Friday after reporting earnings per share of $4.59 in Q3 2022, below estimates of $4.64. The net income and revenue in the third quarter of 2022 still rose by almost 30% and 10%, respectively.

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