FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
Analysts sees a potential spinoff of FedEx’s freight business as a potential boost, but the stock is dropping sharply ...
By Shivansh Tiwary (Reuters) -Shares of FedEx slumped 13% on Friday after the parcel giant's dismal first-quarter results, in ...
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
FedEx dragged on the market with a drop of 14% after its profit and revenue for the latest quarter fell short of analysts’ ...
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also ...
(Reuters) - FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
FedEx Corp ( NYSE:FDX) has implemented significant new pricing actions, including demand and fuel surcharges, which are ...
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 (NYSE:FDX) missed FQ1 profit and sales expectations and dropped its outlook for FY25, driving shares sharply lower in ...