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FedEx Stock Is Down. Earnings Show Why Fed Cut Rates.
FedEx Stock Plunges After Earnings. Wall Street Says Stick With It, Mostly.
FedEx stock tumbled after the company reported disappointing earnings and turned in weak quarterly results Thursday and suffered a bevy of price target cuts and downgrades from Wall Street as a result.
Why FedEx Stock Is Falling Today
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per share on revenue of $21.6 billion, falling short of Wall Street's consensus estimates for earnings of $4.76 per share on sales of $21.9 billion.
FedEx Stock: Price-Target Cuts Roll In After Big Earnings Miss
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year outlook. Here's what you need to know.
22h
on MSN
FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
22h
FedEx stock plummets after earnings miss, lower outlook flashes warning on economy
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
3d
Pick FedEx Stock Ahead Of Q1?
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
21h
FedEx losses mount as gloomy outlook permeates transportation sector
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
16h
S&P 500 Gains and Losses Today: FedEx Stock Plunges as Earnings Fail To Deliver
The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...
1d
on MSN
Shipping Giants FedEx, UPS Stocks Slip Friday: What's Going On?
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
2d
FedEx Q1 earnings on deck: What to expect
FedEx is expected to report a 4.8% rise in EPS and a 1% increase in revenue for the first quarter, as investors remain ...
1d
Global stocks are mixed as Wall Street's rate cut-fueled rally fades
European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades ...
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