UPS - UPS Stock Rises After FedEx Earnings Beat | Benzinga
United Parcel Service, Inc. (NYSE:UPS) shares are trading higher after-hours Tuesday after Fed Ex Corp (NYSE:FDX) posted better-than-expected fourth-quarter results.
The Details
FedEx reported fourth-quarter revenue of $22.1 billion, which beat the analyst consensus estimate of $22.06 billion, according to data from Benzinga Pro.
The company reported earnings per share of $5.41, which beat a Street consensus estimate of $5.37.
UPS shares moved lower in sympathy with ...