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.
Why I'm Not Buying The Dip In FedEx Stock
FedEx stock fell 11% after disappointing Q1 earnings and lowered guidance, but the sell-off may have been an overreaction, given the modest EPS guidance reduction. FedEx remains profitable, is focused on cost savings, and now trades at an attractive price for long-term investors.
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
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 ...
20hon MSN
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
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 ...
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, Nike stock rallies after the ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
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