FedEx Q1 Earnings & Revenues Lag Estimates, View Down
FedEx exited first-quarter fiscal 2025 with cash and cash equivalents of $5.94 billion compared with $6.50 billion at the prior-quarter end. Long-term debt (less current portion) was $19.6 billion compared with $20.1 billion at the end of the prior quarter.
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
Goldman Sachs analyst Jordan Alliger has maintained their bullish stance on FDX stock, giving a Buy rating on September 18. Jordan Alliger has ...
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, ...
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Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in rivals United Parcel Service and DHL, which are also grappling with sluggish ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
FedEx stock fell 11% after disappointing Q1 earnings and lowered guidance, but the sell-off may have been an overreaction, ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
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