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 ...
By Shivansh Tiwary (Reuters) -Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal ...
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, Nike stock rallies after the ...
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 ...
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, and U.S. stocks are edging back from the records they set the day before during a worldwide rally.
The S&P 500 and the Dow hovered near their record highs and were on track for weekly gains of over 1%, along with the ...
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 ...
The Fed's aggressive rate cut boosts stocks to record highs, yet signals potential economic risks. Learn why investors should remain cautious amid market optimism.