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FedEx Shares Fall Amid Forecast Cuts, Fueling Economic ConcernsWhile this forecast cut was not entirely unexpected, the extent of the revision, especially for the final quarter, was more significant than many analysts had feared. FedEx’s Q3 print and full ...
Memphis-based FedEx on Thursday lowered its full-year forecast for adjusted profit to $18 to $18.60 per share. FedEx in December cut that profit forecast for the fiscal year ending May 2025 to $19 ...
(Reuters) - FedEx's shares fell sharply after the parcel delivery firm cut its fiscal 2025 forecasts, adding to worries about the health of the U.S. industrial economy against the backdrop of the ...
FedEx dropped 9% in premarket trading Friday. The shipping and freight company lowered its fiscal 2025 outlook amid economic uncertainty. Adjusted earnings per share are projected at $18-$18.60 ...
A slowdown in 2025 could put the company's medium-term goals in jeopardy. On the latest earnings call, UPS said it expects to return to margin growth in 2026 -- forecasting a domestic operating margin ...
In June, FedEx forecast $20 to $22 in adjusted fiscal 2025 earnings per share (EPS), cut the guidance to $19 to $20 per share in December, and then just reduced the guidance again down to $18 to $ ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...
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