Shares of Fedex jump as 2025 guidance lowers capex, highlights cost savings ...Middle East

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Shares of Fedex jump as 2025 guidance lowers capex, highlights cost savings
There are two ways for a company to improve profitability -- raise prices and lower costs. Those both boost stock prices but have very different macro implications.Shares of FedEx are up 8.7% in after-market trading following earnings. The jump would get shares back close to the April highs.Highlights:Sees 2025 capex of $5.2B vs $5.5B consensus (and $6.2 billion last year)Sees 2025 in low-to-mid single digit revenue growth year over yearExpects to save $2.2 billion in the current fiscal yearAt the end of the day though, gains are gains and there is nothing wrong with efficiency and the company is a bellwether. This article was written by Adam Button at www.forexlive.com.

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