FedEx Earnings Beat Expectations Despite Revenue Shortfall, Cost Cutting Boosts Margins

• FedEx delivered better-than-expected fiscal Q3 earnings despite revenue coming up short • Cost cutting efforts are paying off - operating margin improved to 6.2% from 5.3% last year • Management confident in FedEx's path forward as network flexibility and efficiency improves • Stock offers modest growth potential and attractive 1.7% dividend yield • Motley Fool suggests FedEx as an option for income-focused investors seeking some upside