FedEx stock was falling sharply in premarket trading Friday after the company reported worse-than-expected fiscal ...

FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...

Analysts sees a potential spinoff of FedEx’s freight business as a potential boost, but the stock is dropping sharply ...

FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.

FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, ...

FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...

Shares of the company were down nearly 13% in premarket trading, with rival UPS down 2.4%. FedEx, which is seen as a ...

FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...

The company did away with $1.8bln in structural costs in fiscal 2024 ended May, and plans to take out another $2.2bln in ...

The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.

FedEx attributed the poor results to higher operating expenses, a reduced demand for priority services and a single fewer ...

FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...