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FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period.
When FedEx reports after the close on Thursday, September 19, consensus is expecting revenue of $21.9 billion for the 2nd consecutive quarter of YoY growth of 1%. Last quarter, FedEx generated a ...