Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
By Shivansh Tiwary (Reuters) -Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal ...
Stocks were modestly lower Friday, a day after the Dow Jones Industrial Average and S&P 500 closed at record highs following ...
FedEx reported adjusted EBIT and EPS at $1,208M and $3.60, missing consensus of $1,611M and $4.75 per share. The company cut its adjusted EPS guidance for FY25 to $20-$21, from $20-$22. BMO Capital ...
Wall Street is quieter on Friday, and U.S. stocks are edging back from the records they set the day before during a worldwide rally.
September S&P 500 E-Mini futures (ESU24)are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.15% this morning as disappointing earnings results from global economic bellwether ...
Trade downs to more cost-effective services were a key factor in declining fiscal first quarter earnings, Memphis-based global freight transportation and logistics services provider FedEx reported ...