FedEx Beats on Earnings, Profit Forecast in Line

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March 22 (Bloomberg) -- Bloomberg's Erik Schatzker and Scarlet Fu report that FedEx Corp., operator of the world’s largest cargo airline, forecast profit for the current quarter that was in line with analysts’ estimates amid slowing demand for express shipments. Earnings excluding certain items for the fiscal third quarter that ended in February were $1.55, FedEx said, which topped the $1.35 average projection. They speak on Bloomberg Television's "Inside Track." (Source: Bloomberg)

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