FedEx stock plummets 15% on earnings miss, revised downward guidance. Technical indicators signal deep bear territory, ...
FedEx's unprofitable USPS air contract, which accounted for about $1.75 billion in revenue to FedEx during the postal service's latest fiscal year, will end on Sept. 29. UPS picked up that business.
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
FedEx earnings were weak and will be in the future. This could be a sign that the global economy is slowing down.
(Bloomberg) -- FedEx Corp. tumbled the most in two years after warning that its business would slow in the year ahead, an ominous sign about the direction of the US economy. Most Read from ...
FedEx (NYSE: FDX) is scheduled to report its fiscal Q1 2025 results on Thursday, 9 (FedEx’s fiscal year ends in May). We expect the company to post an upbeat quarter, driven by an overall improvement ...
Sept 19 (Reuters) - FedEx (FDX.N), opens new tab reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from ...
Shares of FedEx Corp. tumbled after hours on Thursday after the package-delivery giant tempered its full fiscal-year outlook, citing “weaker-than-expected” shipping demand as businesses ...
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. The company ...
On Thursday after market close, FedEx Corporation FDX issued its first quarter results as it undergoes a significant transformation led by CEO Raj Subramaniam. The parcel giant reported a sharp ...
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 ...