FedEx Corp lowered its full-year revenue forecast on Thursday, as the parcel delivery firm seeks new business after its contract with its largest customer, the United States Postal Service, ended last ...
FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in the US industrial economy." ...
FedEx's shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning worries about the health of U.S. manufacturing amid uncertainty from the Trump administration's ...
FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S.
FedEx shares sank Friday as several analysts dropped their price targets for the shipping giant's stock after the company ...
FedEx shares traded sharply lower Friday after the logistics giant trimmed its full-year outlook amid soft demand and ...
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 ...
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 ...
(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 ...
"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 ...