Why Did FedEx Stock Fall 13%?
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, and $4.90, respectively.
FedEx Stock Sinks After Company Cuts Outlook
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also posted lower quarterly profit and revenue. Weaker-than-expected demand, particularly in the U.
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue in 1Q -- Update
FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter after weaker-than-expected demand, particularly in the U.S. domestic package market, dragged down its results.
FedEx Stock Falls After Shipper Slashes Full-Year Outlook
Key Takeaways FedEx lowered its revenue and earnings outlook for fiscal 2025.The company's fiscal first-quarter results missed analysts' expectations on the top and bottom lines amid weaker demand for its priority shipping services.
Breaking Down FedEx Earnings, Profit Outlook
Andrew Graham, managing partner at Jackson Square Capital, shares his take on FedEx's latest financial results and its prospects. The Memphis-based company cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.
FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx First-Quarter Results Unexpectedly Fall Amid Demand Headwinds, Cuts Full-Year Outlook
FedEx's (FDX) fiscal first-quarter results unexpectedly declined year-over-year as the parcel delivery company grappled with weak demand trends. Adjusted per-share earnings declined to $3.60 in the three months ended Aug.
Economic bellwether FedEx blames poor Q1 on darkening outlook for manufacturers
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
5 Things to Know Before the Stock Market Opens
Nike Stock Jumps as It Replaces CEO With Veteran Executive . Nike shares are jumping 5% in premarket trading after the global ...
FedEx Q1: Valuation Holding Up Its Pants, Reiterating A Hold
Hold rating with short-term gain potential, but long-term investment remains unattractive. Explore more details here.
FedEx Reports Downbeat Results, Joins MillerKnoll And Other Big Stocks Moving Lower In Friday's Pre-Market Session
FedEx reported first-quarter revenue of $21.6 billion, missing analyst estimates of $21.955 billion, according to Benzinga ...
Finbold | Finance in Bold1h
This stock nosedives 2 days after Jim Cramer’s bullish comments
Mere days after Jim Cramer praised FedEx (NYSE: FDX) as a “great stock to own,” the company’s shares took a nosedive.
Stock market today: Wall Street inches lower in premarket Friday as rate cut-fueled rally fades
Wall Street pointed lower as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets’ focus ...
S&P 500 Futures Decline in Premarket Trading; FedEx, Frontline Lag
With U.S. stock markets set to open in two hours, Constellation Energy Corp. (CEG) was up 6.4% in pre-market trading, and Nike Inc. Cl B (NKE) was up 6.1%. Back To Top ...
Pick FedEx Stock Ahead Of Q1?
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 ...
Stock Market News: Dow Futures Slip
Futures for the Dow Jones Industrial Average slipped 18 points, effectively trading flat, and S&P 500 futures ticked down 0.1%. Both gauges had rallied to new highs on Thursday as investors mulled the ...
devdiscourse1h
FedEx Dips on Profit Drop, Nike Soars on New CEO Appointment
U.S. stock index futures dipped on Friday following a strong rally, fueled by the Federal Reserve's recent interest rate cut.
Stock Market Today: Dow erases gain as Powell speaks following Fed's historic rate cut of 50 basis points
Here are some of the potential market catalysts due Wednesday for traders to consider: 8:30 a.m. Eastern. U.S. housing starts for August. 8:30 a.m. U.S. building permits for August. 10:30 a.m. U.S.