Analysts sees a potential spinoff of FedEx’s freight business as a potential boost, but the stock is dropping sharply ...
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx’s results were dragged down by a shift in the mix of it business that saw reduced demand for priority services, ...
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 Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
FedEx (NYSE:FDX) missed FQ1 profit and sales expectations and dropped its outlook for FY25, driving shares sharply lower in ...