Why FedEx Stock Is Falling Today
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per share on revenue of $21.6 billion, falling short of Wall Street's consensus estimates for earnings of $4.76 per share on sales of $21.9 billion.
The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
Analysts sees a potential spinoff of FedEx’s freight business as a possible boost, but the stock is dropping sharply ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
Shares of FedEx Corp. FDX tumbled 15.23% to $254.64 Friday, on what proved to be an all-around mixed trading session for the ...
The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
16hon MSN
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
FedEx Corporation's (NYSE:FDX) value has fallen 11% in the last week, but insiders who sold US$3.1m worth of stock ...
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