FedEx Corp. lowered its full-year guidance for a third consecutive quarter as mounting economic uncertainty adds to sputtering demand already squeezing the parcel company’s bottom line.
The delivery giant's latest downward guidance revision could be a concern for both FedEx stock itself and the U.S. economy overall.
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.
FedEx shares traded sharply lower Friday after the logistics giant trimmed its full-year outlook amid soft demand and ...
FedEx shares sank Friday as several analysts dropped their price targets for the shipping giant's stock after the company ...
FedEx FDX0.10%increase; green up pointing triangle cut its outlook for the year ... weakness and uncertainty in America’s industrial economy. A challenging economic backdrop, plagued by ...
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.
"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 ...
(Bloomberg) -- FedEx Corp. shares tumbled after the ... because of its exposure to a broad swath of the global economy, said its latest outlook assumes the global economic, political and trade ...
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