Parcel and cargo delivery company FedEx (NYSE:FDX) fell short of the market’s revenue expectations in Q3 CY2024 with sales flat year on year at $21.58 billion. Its non-GAAP profit of $3.60 per share was also 24.5% below analysts’ consensus estimates.
Wrapping up Q2 earnings, we look at the numbers and key takeaways for the perishable food stocks, including Tyson Foods (NYSE:TSN) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Qorvo (NASDAQ:QRVO) and its peers.