When a company, FedEx or other, puts out a 2024 adjusted EPS of $16.50 a share to hit $18.50 a Share, that seems like a huge gap. I don't really think so. We're talking about earnings per share in the teens. There's still a risk of a US recession and we don't really know what's going on with China. The slow reopening of China has been a drag on their results.
Bloomberg News Economics Editor Molly Smith and Bloomberg News Reporter Simone Foxman break down the US and global housing outlook. Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow reports on FedEx earnings. Holly May, Global Chief Human Resources Officer at Walgreens Boots Alliance, discusses the company's commitment to improving mental health and wellbeing. And we Drive to the Close with David Trainer, CEO of New Constructs.
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