What FedEx Earnings Tell Us About the Real Economy

What FedEx Earnings Tell Us About the Real Economy

Transportation giant FedEx (NYSE: FDX) reported its Q1 fiscal year 2022 earnings on Tuesday -- representing the three-month period ended Aug. 31, 2021. Aside from financial performance, FedEx's earnings call was chock-full of insight that pertains not just to industrial stocks but to other sectors as well. FedEx is seen as a bellwether for the broader economy because its performance reflects consumer spending, international trade, e-commerce, global supply chains, and more.