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we want to get to some breaking news FedEx is out with its earnings report you can see shares popping just about seven and a half percent a lot of this has to do with the guidance that were going to hear from FedEx the company upping its fiscal 2023 Outlook their full year guidance for adjusted EPS coming in better than expected the company now seeing 14.60 per share to 15 20 per share they initially saw 13 to 14 a share when it comes to its most recent quarter its fiscal third quarter here for FedEx that was a bit mixed the company saying that it was negatively affected by continued demand weakness adjusted EPS did Beat the Streets expectations coming in at 3.41 Revenue though you can see it on your screen just a slight Miss there 22.2 billion the street was expecting 22.7 billion but again the move after hours all about the guidance the fact that FedEx upped its 2023 Outlook and youre looking at shares popping just almost eight percent