FedEx Corp lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy as President Donald ...
FedEx's shares fell sharply after the parcel delivery firm cut its fiscal 2025 forecasts, adding to worries about the health of the U.S. industrial economy against the backdrop of the Trump ...
The delivery giant's latest downward guidance revision could be a concern for both FedEx stock itself and the U.S. economy ...
FedEx (NYSE: FDX) shares dropped 11% on Friday after the delivery giant slashed its fiscal 2025 earnings forecast, intensifying concerns over the U.S. industrial economy and global trade uncertainty.
FedEx shares sank Friday as several analysts dropped their price targets for the shipping giant's stock after the company ...
FedEx revised its revenue and earnings forecasts downward, with revenue now expected somewhere between flat to slightly down year over year, compared to the prior forecast of approximately flat.
A slowdown in 2025 could put the company's medium-term goals in jeopardy. On the latest earnings call, UPS said it expects to ...
The move: FedEx dropped 9.41% in premarket trading on Friday to $223.82 per share. Shares of the shipment and transportation firm are down 12.48% year-to-date. The chart: Why: The company lowered ...
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 ...
Additionally, FedEx said revenue for the year ending in May will likely be flat or slightly down year over year -- a downgrade from its earlier forecast that called for flat revenue. Where to ...
FedEx's shares fell 8% premarket today after the parcel delivery firm cut its annual forecasts, fanning worries about the health of US manufacturing amid uncertainty from the Trump administration ...
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