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FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy.
Why Did FedEx Stock Fall 13%?
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, and $4.90, respectively.
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx Stock: Price-Target Cuts Roll In After Big Earnings Miss
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year outlook. Here's what you need to know.
FedEx Stock Sinks After Company Cuts Outlook
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also posted lower quarterly profit and revenue. Weaker-than-expected demand, particularly in the U.
FedEx Stock Is Down. Earnings Show Why The Fed Cut Rates.
The economy just isn’t helping, and there is a troubling shift happening which shows why the Fed just cut benchmark interest rates. FedEx reported Thursday evening adjusted earn
Markets ease after rate-cut rally; FedEx slips 15%
FedEx shares dragged on the market with a drop of 15.2% after its profit and revenue for the latest quarter fell short of analysts' expectations. It said U.S. customers sent fewer packages through priority services,
1d
FedEx losses mount as gloomy outlook permeates transportation sector
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
Insider Monkey on MSN
21h
FedEx Corporation (NYSE:FDX) Q1 2025 Earnings Call Transcript
FedEx
Corporation (NYSE:
FDX
) Q1 2025 Earnings Call Transcript September 19, 2024
FedEx
Corporation misses on earnings ...
2d
FedEx quarterly profit disappoints as demand for speedy delivery wanes
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
1d
on MSN
FedEx sends a shiver throughout the transportation and logistics sectors with soft guidance
FedEx (NYSE:FDX) slumped in early trading on Friday after the Memphis-based company's downside guidance rattled investors.
1d
Challenging Quarter Show That FedEx's Complex Restructuring Got Messy
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
Nasdaq
2d
HSBC Downgrades FedEx (BRSE:FDX)
Fintel reports that on September 20, 2024, HSBC downgraded their outlook for
FedEx
(BRSE:
FDX
) from Buy to Hold. What is the Fund Sentiment? There are 2,703 funds or institutions reporting ...
2d
FedEx (FDX) Q1 2025 Earnings Call Transcript
Good day, and welcome to the FedEx fiscal year 2025 first quarter earnings call. All participants are in listen-only mode.
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