FedEx cuts full-year results forecast on 'uncertainty' in economy, bad weather
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 ...
FedEx Cut Its Outlook Again. Should Investors Worry?
The delivery giant's latest downward guidance revision could be a concern for both FedEx stock itself and the U.S. economy ...
FedEx Shares Drop as Annual Forecast Cuts Stoke Worries on Economy
Memphis-based FedEx lowered its fiscal 2025 profit forecast on Thursday and now expects adjusted earnings per share between ...
Detroit News13d
FedEx falls after profit outlook is cut again on economic woes
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 ...
Nasdaq11d
FedEx Cut Its Outlook Again. Should Investors Worry?
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 ...
Reuters14d
FedEx shares slide as annual forecast cuts stoke worries on economy
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's ...