Shares of logistics giant FedEx ($FDX) plunged 11% in Thursday’s extended trading session after the company lowered its ...
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also ...
Sept 20 (Reuters) - FedEx Corp (FDX.N), opens new tab 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 ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx’s results were dragged down by a shift in the mix of it business that saw reduced demand for priority services, ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx (NYSE:FDX) missed FQ1 profit and sales expectations and dropped its outlook for FY25, driving shares sharply lower in ...
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 ...
Parcel and cargo delivery company FedEx (NYSE:FDX) fell short of the market’s revenue expectations in Q3 CY2024 with sales ...
Goldman Sachs analyst Jordan Alliger has maintained their bullish stance on FDX stock, giving a Buy rating on September 18. Jordan Alliger has ...
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 ...