Challenging Quarter Show That FedEx's Complex Restructuring Got Messy
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant transformation led by CEO Raj Subramaniam. The parcel giant reported a sharp fall in profits due to weak demand for high-margin speedy delivery services and lowered its annual revenue forecast.
FedEx stock fell 11% after disappointing Q1 earnings and lowered guidance, but the sell-off may have been an overreaction, ...
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
FedEx’s (FDX) fiscal first quarter earnings disappointed Wall Street while cutting its full-year guidance, sending its stock ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
FedEx stock plummets 15% on earnings miss, revised downward guidance. Technical indicators signal deep bear territory, ...
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
FedEx is scheduled to report its fiscal first-quarter results after the bell on Thursday. Here's what you need to know: EARNINGS: The package-shipping company is expected to post per-share earnings of ...
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