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FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly ...
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FedEx Shares Fall Amid Forecast Cuts, Fueling Economic ConcernsWhile this forecast cut was not entirely unexpected, the extent of the revision, especially for the final quarter, was more significant than many analysts had feared. FedEx’s Q3 print and full ...
FedEx reported third-quarter earnings that missed analysts’ expectations and cut its full-year outlook, sending shares lower in extended trading Thursday.
FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in ...
Forecast cuts raise concerns about US industrial economy Morgan Stanley warns of structural pressures in parcel delivery sector Shares hit lowest in nearly two years March 21 (Reuters ...
FedEx shares sank Friday as several analysts dropped their price targets for the shipping giant's stock after the company lowered its outlook.
Memphis-based FedEx on Thursday lowered its full-year forecast for adjusted profit to $18 to $18.60 per share. FedEx in December cut that profit forecast for the fiscal year ending May 2025 to $19 ...
By Shivansh Tiwary (Reuters) -FedEx's shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning worries about the health of U.S. manufacturing amid uncertainty ...
(Reuters) -FedEx's shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning worries about the health of U.S. manufacturing amid uncertainty from the Trump ...
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