UPS quarterly results are in and Wall Street is happy with this earnings surprise. UPS earned $1.94 per share, beating Wall Street’s estimate of $1.93.
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FedEx Had Another Banner Year. Highlights From 2018 Earnings Report
FedEx is shipping more packages and charging more than ever to do it. FedEx announced its fiscal revenue was up 7.9% at $65.5 billion over FY 2017, and revenue was up 9.1% at $17.3 billion for the fourth quarter. It was another record earnings report, a year-by-year trend we’re getting used to.