FedEx Stock Is Down. Earnings Show Why The Fed Cut Rates.
FedEx stock was falling sharply in premarket trading Friday after the company reported worse-than-expected fiscal first-quarter earnings.The economy just isn’t helping, and there is a troubling shift happening which shows why the Fed just cut benchmark interest rates.
FedEx Q1 Earnings: Revenue Miss, EPS Miss, Lowered Guidance — 'Challenging Quarter'
FedEx reported first-quarter revenue of $21.6 billion, missing analyst estimates of $21.955 billion, according to Pro.
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 Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
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'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 Stock Falls After Shipper Slashes Full-Year Outlook
Key Takeaways FedEx lowered its revenue and earnings outlook for fiscal 2025.The company's fiscal first-quarter results missed analysts' expectations on the top and bottom lines amid weaker demand for its priority shipping services.
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 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.
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Endava plc (DAVA) Q4 2024 Earnings Call Transcript
But this shift presents some real challenges ... the business optimization initiatives we undertook during the fiscal 2024. Our adjusted diluted earnings per share was GBP0.22 for the three ...