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 said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
Analysts sees a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
20hon MSN
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
Shares of FedEx Corp. FDX tumbled 15.23% to $254.64 Friday, on what proved to be an all-around mixed trading session for the ...
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, Nike stock rallies after the ...
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
11hon MSN
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
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