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FedEx rallies after topping profit expectations, updating on business split; UPS also higher (FDX:NYSE)

FedEx Corporation (NYSE:FDX) rallied in post-market trading on Thursday after topping expectations with its FQ1 earnings report. The Memphis-based shipping giant reported revenue was up 2.8% year-over-year to 22.2billioninFQ1.EPScameinat22.2 billion in FQ1. EPS came in at 3.83 vs. 3.61consensusand3.61 consensus and 3.60 a year ago. ...