FedEx soars on earnings beat, Iran war unlikely to disrupt business

Core Insights - FedEx shares increased by over 7.6% following the release of stronger-than-expected third-quarter results and an upward revision of its full-year guidance [1] Financial Performance - The company reported third-quarter results that exceeded market expectations, contributing to the significant rise in share price [1] - FedEx has lifted its full-year guidance, indicating positive outlook and confidence in future performance [1]