FedEx:
- expectations weren't great; even so:
- barely beats on the top line;
- misses on the bottom line, $4.37 vs 4.91
- shares
- during trading hours before earnings were out, FDX was up 0.5%; $1.26 / share;
- after earnings released, FDX down about 2% after hours; down $5.32 / share
- during the day, CNBC talking heads were looking for a beat
- stock is down 20% from just two months ago;
- company says labor costs
Stitch Fix:
- up 14% after hours
- 19 cent profit vs 13-cent-loss expected;
Adobe beats on earnings and revenues, but drops almost 4% after hours.
- up 23% y/y
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