FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in ...

FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S.

Forecast cuts raise concerns about US industrial economy Morgan Stanley warns of structural pressures in parcel delivery sector Shares hit lowest in nearly two years March 21 (Reuters ...

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 ...

(Reuters) -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 ...

"Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy, which is constraining demand for our business-to-business services," FedEx chief financial ...

"FedEx's Q3 print and full-year forecast cut will likely exacerbate ... "Management noted weakness in the industrial economy and, while macro is a factor, we believe structural forces are a ...

Those companies are seen as barometers for the global economy since their ... Memphis-based FedEx on Thursday lowered its full-year forecast for adjusted profit to $18 to $18.60 per share.

Many companies were initially reticent earlier this earnings season to pin cloudy outlooks specifically on Trump’s tariffs. But the sentiment has shifted in recent weeks.

FedEx Corp. shares tumbled after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments. Adjusted earnings ...