FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, ...
(Reuters) - FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
Goldman Sachs analyst Jordan Alliger has maintained their bullish stance on FDX stock, giving a Buy rating on September 18. Jordan Alliger has ...
FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
Good day, and welcome to the FedEx fiscal year 2025 first quarter earnings call. All participants are in listen-only mode.
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast as demand in ...
FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.