Why FedEx Stock Is Falling Today
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per share on revenue of $21.6 billion, falling short of Wall Street's consensus estimates for earnings of $4.76 per share on sales of $21.9 billion.
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
Shares of FedEx Corp FDX tanked climbing in early trading on Friday, after the company reported downbeat results for its ...
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal first-quarter net income of $794 million. On a per-share basis, the Memphis, Tennessee-based company said it ...
By Shivansh Tiwary, Lisa Baertlein (Reuters) -Shares of FedEx slumped over 15% on Friday, the worst in two years, after a ...
FedEx turned in weak quarterly results Thursday, which has led to a steep stock drop as well as a bevy of price target cuts ...
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