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FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy.
FedEx Slumps as Lowered Outlook Offers Warning Sign for Economy
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.
FedEx shares tumble over 15% on limp demand, delivery trade-down
FedEx Corp 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 high-margin speedy delivery services.
FedEx Shares Drop 14% After Weak Earnings Signal Economic Slowdown
FedEx Corp. (FDX) is facing increasing pressure as its latest earnings report revealed a significant miss on both profit and revenue expectations, triggering a sharp drop in its stock price. Shares of the shipping giant plummeted nearly 15% following the release of its fiscal first-quarter results,
1d
on MSN
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 ...
1d
FedEx quarterly profit disappoints as demand for speedy delivery wanes
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
1d
on MSN
FedEx’s earnings miss may be more of a speed bump than a brick wall, analyst says
Analysts sees a potential spinoff of FedEx’s freight business as a potential boost, but the stock is dropping sharply ...
1d
FedEx Stock: Price-Target Cuts Roll In After Big Earnings Miss
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
Sourcing Journal on MSN
2mon
FedEx to Shutter Four Facilities, Affecting More Than 300 Employees
The four closures in the Carolinas are far from the only
sign
of trouble at
FedEx
... To do so, it consolidated
FedEx
...
1d
on MSN
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.
1d
Analysts reset FedEx stock price targets after earnings
FedEx has lowered its full-year outlook, expecting low-single-digit-percent revenue growth year over year, down from its ...
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