FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
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.
FedEx admits first quarter tougher than expected in disappointing earnings report
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue in 1Q -- Update
FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter after weaker-than-expected demand, particularly in the U.S. domestic package market, dragged down its results. Shares fell 8% to $300.39 a share in after-hours trading on Thursday. The stock was up 19% this year at market close.
FedEx quarterly profit disappoints as demand for speedy delivery wanes
FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from speedy, pricey delivery to cheaper, slower options.
Breaking Down FedEx Earnings, Profit Outlook
Andrew Graham, managing partner at Jackson Square Capital, shares his take on FedEx's latest financial results and its prospects. The Memphis-based company cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for package deliveries.
FedEx's Profit, Revenue Set to Rise in 1Q -- Earnings Preview
EARNINGS: The package-shipping company is expected to post per-share earnings of $4.58, up from $4.23 a year earlier, according to FactSet. SALES: Analysts polled by FactSet forecast the Memphis, Tenn.
FedEx reports drop in quarterly earnings on lower demand for priority services
FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast as demand in the package industry remained muted, especially for priority services. The company's shares fell about 11% to $268.
FedEx Stock Slumps. It Wasn’t Just the Earnings That Were Bad.
It wasn’t a strong report, and lower demand for premium services contributed to the disappointment. Industrial customers are ...
FedEx (FDX) Q1 2025 Earnings Call Transcript
Good day, and welcome to the FedEx fiscal year 2025 first quarter earnings call. All participants are in listen-only mode.
FedEx shares slump on missed FQ1, lowered FY25 guidance
FedEx (NYSE:FDX) missed FQ1 profit and sales expectations and dropped its outlook for FY25, driving shares sharply lower in ...
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FedEx results hurt by weak demand, fewer premium customers
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
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Why Q1 was a 'challenging quarter' for FedEx and what's next for the logistics giant
FedEx reported drops in operating income and revenue during its first quarter of Fiscal Year 2025. In the Memphis-based ...
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 ...
Tesla, Nike, Alibaba, FedEx, Trump Media & Technology: Why These 5 Stocks Are On Investors' Radars Today
Tesla’s stock soared by 7.36% today, closing at $243.92. The electric vehicle maker’s shares hit an intraday high of $244.24 ...
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FedEx Stock Falls After Shipper Slashes Full-Year Outlook
FedEx lowered its revenue and earnings outlook for fiscal 2025. The company's fiscal first-quarter results missed analysts' ...
FedEx (NYSE:FDX) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops
Parcel and cargo delivery company FedEx (NYSE:FDX) fell short of the market’s revenue expectations in Q3 CY2024 with sales ...