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FedEx's profit beat expectations due to stronger revenue and cost control, boosting its stock.
FedEx Corp. reported higher first-quarter profits that exceeded analyst expectations, driving a rise in its stock price.
The company attributed the improved performance to stronger revenue and cost management, though specific financial figures were not detailed in the summary.
The earnings beat reflects improved operational efficiency and demand resilience in its shipping and logistics services.
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El beneficio de FedEx superó las expectativas debido a un mayor control de ingresos y costos, aumentando sus existencias.