United Parcel Service Inc (NYSE:UPS) shares are rising in extended trading on Thursday in sympathy with FedEx Corp (NYSE:FDX), which reported better-than-expected earnings after the market close.
UPS stock is racing ahead of the pack. Watch the momentum here.
What Happened With FDX: FedEx beat analyst estimates on the top and bottom lines in the first quarter, reporting revenue of $22.2 billion versus estimates of $21.67 billion, and adjusted earnings per share of $3.83 versus estimates of $3.62.
FedEx guided for fiscal 2026 revenue growth of …