FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald ...
The delivery giant's latest downward guidance revision could be a concern for both FedEx stock itself and the U.S. economy ...
Memphis-based FedEx lowered its fiscal 2025 profit forecast on Thursday and now expects adjusted earnings per share between ...
FedEx Corp. shares fell after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments. Adjusted earnings are ...
The move: FedEx dropped 9.41% in premarket trading on Friday to $223.82 per share. Shares of the shipment and transportation firm are down 12.48% year-to-date. The chart: Why: The company lowered ...
FedEx (NYSE: FDX) stock dropped more than 6% on Friday. This came after the company released earnings Thursday afternoon. In the report, the company slashed its full-year profit and revenue ...
"FedEx's Q3 print and full-year forecast cut will likely exacerbate concerns of structural pressures in the parcel business," Morgan Stanley said, adding that it may even overwhelm the company's ...
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