FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also ...
FedEx Corp ( NYSE:FDX) has implemented significant new pricing actions, including demand and fuel surcharges, which are ...
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 ...
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
Hold rating with short-term gain potential, but long-term investment remains unattractive. Explore more details here.
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