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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.
1d
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 ...
1d
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 ...
1d
FedEx Reports Flat Q1 Revenue, Lower EPS
FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
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 ...
Air Cargo News
1d
FedEx lowers outlook as profits slide
FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, ...
3d
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
on MSN
Stock market today: Wall Street inches lower in premarket Friday as rate cut-fueled rally fades
Wall Street pointed lower Friday as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets' ...
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