FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
Shares of FedEx Corp. FDX tumbled 15.23% to $254.64 Friday, on what proved to be an all-around mixed trading session for the ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
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 ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
15hon MSN
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
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