FedEx lowers outlook as profits slide
FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, customers opted for less expensive
FedEx earnings miss could signal a slowing economy
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.
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 Stock Falls After Shipper Slashes Full-Year Outlook
Key Takeaways FedEx lowered its revenue and earnings outlook for fiscal 2025.The company's fiscal first-quarter results missed analysts' expectations on the top and bottom lines amid weaker demand for its priority shipping services.
FedEx shares fall sharply after missing on revenue and earnings, lowering guidance
CNBC's Fran Holland joins 'Closing Bell Overtime' with FedEx earnings.
FedEx Quarterly Profit Drops as Customers Opt for Cheaper, Slower Shipping Alternatives...
FedEx reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from faster, expensive deliveries to cheaper alternatives. FedEx CEO Raj Subramaniam cited softer industrial demand as shipments between manufacturers,
Fedex stock plummets after earnings miss, lower outlook flashes warning on economy
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.
Stock Index Futures Muted as Euphoria Over Fed Rate Cut Ebbs, FedEx Results Disappoint
S&P 500 E-Mini futures (ESU24)are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.15% this morning as disappointing earnings results from global economic bellwether FedEx dampened optimism surrounding the outlook for interest rates,
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Cardinals quarterback Kyler Murray named FedEx Air NFL Player of the Week after perfect passer rating vs. the Rams
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FedEx quarterly profit disappoints as demand for speedy delivery wanes
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Challenging Quarter Show That FedEx's Complex Restructuring Got Messy
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
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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 ...
Kyler Murray Wins FedEx Air Player Of The Week Award
After Kyler Murray's historic performance on Sunday, the accolades continue to roll in for the Cardinals quarterback. In a ...
What You Need To Know Ahead of FedEx's Earnings
FedEx, which reports fiscal 2025 first-quarter earnings Thursday after markets close, has seen its cost-cutting efforts ...
How FedEx CEO Raj Subramaniam Is Adapting to a Post-Pandemic Economy
FedEx and its competitors are still adapting to a world without as much online shopping, and Subramaniam has had to make ...
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The Zacks Analyst Blog FedEx, United Parcel Service and Air Transport
Stocks recently featured in the blog include: FedEx Corp. FDX, United Parcel Service UPS and Air Transport Services ATSG.
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 ...
Arizona Cardinals' Kyler Murray: Is 'serious and mature' the right approach as Lions await?
Kyler Murray is no longer the guy who pointed fingers. As he prepares for the Detroit Lions, will his maturity lead to ...