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’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 Corp (FDX) Q1 2025 Earnings Call Transcript Highlights: Strategic Adjustments Amidst ...
FedEx Corp ( NYSE:FDX) has implemented significant new pricing actions, including demand and fuel surcharges, which are expected to benefit future quarters. The rollout of Network 2.0 and the redesign of the global air network (Tricolor) are well underway, aimed at increasing network flexibility and lowering costs.
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 Corporation (FDX) Q1 2025 Earnings Call Transcript
Q1 2025 Earnings Conference Call September 19, 2024 5:30 PM ETCompany ParticipantsJeni Hollander - VP of IRRaj Subramaniam
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue in 1Q -- Update
FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter after weaker-than-expected demand, particularly in the U.S. domestic package market, dragged down its results. Shares fell 8% to $300.39 a share in after-hours trading on Thursday. The stock was up 19% this year at market close.
Breaking Down FedEx Earnings, Profit Outlook
Andrew Graham, managing partner at Jackson Square Capital, shares his take on FedEx's latest financial results and its prospects. The Memphis-based company cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.
FedEx (FDX) Q1 Earnings and Revenues Miss Estimates
FedEx (FDX) came out with quarterly earnings of $3.60 per share, missing the Zacks Consensus Estimate of $4.82 per share. This compares to earnings of $4.55 per share a year ago. These figures are adjusted for non-recurring items.
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FedEx results hurt by weak demand, fewer premium customers
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
FedEx Quarterly Profit Disappoints as Demand for Speedy Delivery Wanes
(Reuters) - FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, ...
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FedEx Cuts Forecast After Tough Quarter for Deliveries
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.
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Two FedEx drivers assaulted and robbed on the same day while delivering packages in Anne Arundel County
Two FedEx delivery drivers were assaulted and robbed while delivering packages in Anne Arundel County on Friday, according to ...
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FedEx Narrows 2025 Outlook, Posts Quarterly Profit Miss
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer ...
FedEx accused by EEOC of sidelining, firing workers with disabilities
The Equal Employment Opportunity Commission sued FedEx on Friday, accusing the package delivery giant of placing disabled ...