FedEx missed quarterly estimates and lowered its full-year guidance. Demand was weaker than expected for business-to-business shipping, which is its most profitable segment. The company is in the ...
Q1 revenue of $21.6 billion was down 0.5% year over year. EPS fell 24% and adjusted EPS fell 21%, reflecting the added costs FedEx is trying to manage. FedEx management lowered is full-year ...
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 ...
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...
While FDX stock will react to its Q1 results, it is helpful to see how FedEx’s Peers fare on metrics that matter. You will find other valuable comparisons for companies across industries at Peer ...
FedEx reported a drop in operating income during its first quarter of Fiscal Year 2025. In the Memphis-based shipping giant's quarterly report released Thursday, FedEx said revenue dipped slightly ...
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 ...
(RTTNews) - FedEx Corporation (FDX) revealed a profit for first quarter that decreased from last year The company's bottom line came in at $1.47 billion, or $5.94 per share. This compares with $1. ...
Let’s look at the FedEx Cup Fall standings after Patton Kizzire won the first event at the Procore Championship. That victory was his first in six years and massive for him. It got him into the ...
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 ...
In the quarter ended August 31, FedEx's revenue decreased 0.5% year-over-year to $21.6 billion and its earnings per share (EPS) plunged 20.9% from the year-ago period to $3.60. In a statement ...
Despite FedEx reporting lower than anticipated earnings for the first quarter of the fiscal year, at $3.60 per share compared to the expected $4.70 per share, Alliger sees the current stock price ...