Why FedEx Stock Is Falling Today
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per share on revenue of $21.6 billion, falling short of Wall Street's consensus estimates for earnings of $4.76 per share on sales of $21.9 billion.
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
Goldman Sachs analyst Jordan Alliger has maintained their bullish stance on FDX stock, giving a Buy rating on September 18. Jordan Alliger has ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
MT Newswires on MSN1d
FedEx First-Quarter Results Unexpectedly Fall Amid Demand Headwinds, Cuts Full-Year OutlookFedEx's (FDX) fiscal first-quarter results unexpectedly declined year-over-year as the parcel delivery company grappled with weak demand trends. Adjusted per-share earnings declined to $3.60 in the ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback