FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S.
FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in ...
The delivery giant's latest downward guidance revision could be a concern for both FedEx stock itself and the U.S. economy overall.
An executive at FedEx has issued a gloomy warning for the U.S. economy, which is already grappling with fears over an ...
FedEx shares traded sharply lower Friday after the logistics giant trimmed its full-year outlook amid soft demand and ...
FedEx Corp. shares tumbled after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments.
Many companies were initially reticent earlier this earnings season to pin cloudy outlooks specifically on Trump’s tariffs. But the sentiment has shifted in recent weeks.
(Bloomberg) -- FedEx Corp. shares tumbled after the ... because of its exposure to a broad swath of the global economy, said its latest outlook assumes the global economic, political and trade ...
"Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy, which is constraining demand for our business-to-business services," FedEx chief financial ...
FedEx shares sank Friday as several analysts dropped their price targets for the shipping giant's stock after the company ...
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