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,
‘Go around. Go around. Go around’: Pilots who came within 150 feet of a crash share how they deftly averted disaster
Two FedEx pilots narrowly missed colliding with a Southwest Airlines plane last year thanks to training and experience. The ...
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Cardinals quarterback Kyler Murray named FedEx Air NFL Player of the Week after perfect passer rating vs. the Rams
Kyler Murray enjoyed the best game of his career in a 41-10 demolition of the Rams in Week 2. Murray completed 17 of 21 ...
FedEx quarterly profit disappoints as demand for speedy delivery wanes
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
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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 ...
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Why Q1 was a 'challenging quarter' for FedEx and what's next for the logistics giant
June 1 marked a major milestone for the company as FedEx Ground and FedEx Services successfully merged into Federal ...
Seattle Seahawks QB Geno Smith Nominated For FedEx Air Player of Week 2
Setting a new career-high for completions and throwing for over 320 yards, Geno Smith led the Seahawks to a thrilling ...
FedEx losses mount as gloomy outlook permeates transportation sector
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
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 ...
Cardinals QB Kyler Murray Wins Award
"By winning the FedEx Air Player of the Week Award, FedEx will proudly work with the Thurgood Marshall College Fund (TMCF) to ...
Arizona Cardinals' Kyler Murray voted NFL Player of the Week after historic NFL Week 2
The Arizona Cardinals' Kyler Murray had a perfect passer rating in his team's 41-10 win over the Los Angeles Rams in NFL Week ...
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 ...