Check out the companies making headlines in after-hours trading. FedEx – Shares rose 8% following the delivery giant’s better-than-expected earnings. For its fiscal second quarter, FedEx reported adjusted earnings of $4.05 per share, above the $3.90 per share that analysts surveyed by LSEG were expecting. Revenue, however, came in weaker-than-expected. The company also announced that it’s planning on spinning off its freight business . Nike – The retailer’s stock popped around 6% after its fiscal second quarter results topped Wall Street estimates . Nike earned 78 cents per share on $12.35 billion in revenue. Analysts were expecting 63 cents per share on revenue of $12.13 billion, according to LSEG. Mission Produce – Shares gained 9% on the heels of the company’s fiscal fourth quarter results beating analysts’ expectations. Mission Produce posted adjusted earnings of 28 cents per share on revenue of $354.4 million. That’s an improvement from the 11 cents per share in adjusted earnings the company posted in the year-ago period. Revenue also rose 37% from a year earlier. U.S. Steel – Shares fell more than 4% after the steel producer issued weak guidance for its fourth quarter. U.S. Steel expects a loss between 25 cents and 29 cents per share for the period, while analysts were looking for a projected profit of 22 cents per share, per FactSet.
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Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
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© 2025 incapitalquest.com – All rights reserved.