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FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly ...
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. industrial economy.” ...
FedEx’s Q3 print and full-year forecast cut will likely exacerbate ... reduce costs may be insufficient to overcome the broader economic pressures affecting the parcel delivery industry.
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 shares traded sharply lower Friday after the logistics giant trimmed its full-year outlook amid soft demand and uncertainty over the potential impact of the Trump administration’s tariffs.
FedEx shares sank Friday as several analysts dropped their price targets for the shipping giant's stock after the company lowered its outlook.
FedEx cut its outlook for the year, citing weak demand for business-to-business shipments stemming from continued weakness and uncertainty in America’s industrial economy.
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 ...
"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 ...
(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 ...