German logistics group DHL DHLn.DE shares rise around 2% in pre-market trade following U.S. peer FedEx's earnings
A local trader points to a read across from FedEx's FDX.N Q3 results and FY forecast, which were above expectations, and progress on its network reorganisation
The U.S. delivery company expects FY adjusted EPS between $19.30 and $20.10, above analysts' average expectation of $18.69
It also sees steady global demand despite the war in Iran