Stock Market News Today (06/20/2023)

Earnings in the Stock Market Today

FedEx’s Earnings

• EPS of $4.94 beats $4.89 estimate

• Revenue of $21.90B misses $22.72B estimate

La-Z-Boy’s Earnings

• EPS of $0.99 beats $0.72 estimate

• Revenue of $561.29M beats $533.03M estimate

Smart Share’s Earnings

• EPS of $0.01 beats ($0.02) estimate

• Revenue of $119.81M beats $114.09M estimate

Other News in the Stock Market Today

• KKR to buy nearly $44B of PayPal’s buy now, pay later loans in Europe - RT

• China’s Nio to get near $740M investment from Abu Dhabi-backed firm, aka 7% stake - RT