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 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.
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 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 shares fall sharply after missing on revenue and earnings, lowering guidance
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FedEx First-Quarter Results Unexpectedly Fall Amid Demand Headwinds, Cuts Full-Year Outlook
FedEx's (FDX) fiscal first-quarter results unexpectedly declined year-over-year as the parcel delivery company grappled with weak demand trends. Adjusted per-share earnings declined to $3.60 in the three months ended Aug.
FedEx Corp (FDX) Q1 2025 Earnings Call Transcript Highlights: Strategic Adjustments Amidst ...
FedEx Corp ( NYSE:FDX) has implemented significant new pricing actions, including demand and fuel surcharges, which are ...
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 ...
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 ...
FedEx shares tumble as customers opt for slow and cheap
STORY: FedEx shares tumbled almost 11% in U.S. after-hours trade on Thursday. The plunge came after the delivery giant ...
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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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FedEx truck catches fire on I-44 in Burkburnett
BURKBURNETT, Texas (KAUZ) - First responders investigated a FedEx truck that caught fire on I-44 Thursday night. It happened ...
Wall Street Breakfast Podcast: FedEx Earnings On Deck
What to expect. Alphabet's Waymo and Hyundai may join hands for self-driving cars - report. Ray of shine for Boeing: Chinese ...
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 ...