CNBC reports:
KEY POINTS

– U.S. delivery firm FedEx reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits ahead of the peak holiday season when the number of packages it handles often doubles.
– Shares in the company, which also reported flat year-over-year adjusted profit for the fiscal second quarter, jumped 6% to $253.00 in after-hours trading.
U.S. delivery firm FedEx reinstated its original fiscal 2022 forecast on Thursday, even …

The post CNBC: FedEx reinstates 2022 profit target, shares jump appeared first on The Loadstar.

Source: The Loadstar