FedEx Freight Holding Co Inc
FDXF: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|t! | LOCK|b@ | LOCK|%%nsdm! |
FedEx Freight: Fuel Lifts Revenue, Margins Improve
FedEx's freight’s total pro forma (for the June 1 spinoff from FedEx) third-quarter revenue grew 8% year over year, primarily driven by surging fuel surcharges. This is the firm’s first earnings release since moving from a May fiscal year-end to calendar-year reporting.
