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Wall Street, FedEx
FedEx Stock Plunges After Earnings. Wall Street Says Stick With It, Mostly.
FedEx stock tumbled after the company reported disappointing earnings and turned in weak quarterly results Thursday and suffered a bevy of price target cuts and downgrades from Wall Street as a result.
Futures slip after Wall Street's rally on Fed's rate cut
U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on track for weekly gains following the Federal Reserve's pivotal stance on monetary policy earlier in the week.
Stock market today: Wall Street drifts near its records as FedEx slumps and Nike sprints higher
Wall Street is quieter on Friday, and U.S. stocks are drifting after they leaped to records the day before during a worldwide rally. The S&P 500 was 0.1% lower in early trading but still on track for its fifth winning week in the last six.
FedEx, Q1
What To Expect From FedEx Corp (FDX) Q1 2025 Earnings
FedEx Corp (NYSE:FDX) is set to release its Q1 2025 earnings on Sep 19, 2024. The consensus estimate for Q1 2025 revenue is $21.99 billion, and the earnings are expected to come in at $4.72 per share.
FedEx lowers outlook as profits slide
FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, customers opted for less expensive
FedEx: Fiscal Q1 Earnings Snapshot
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal first-quarter net income of $794 million. On a per-share basis, the Memphis, Tennessee-based company said it had profit of $3.21. Earnings, adjusted for non-recurring costs, were $3.60 per share.
17h
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 ...
14h
on MSN
FedEx shares tumble 16% on limp demand, delivery trade-down
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
17h
FedEx stock plummets after earnings miss, lower outlook flashes warning on economy
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
2d
Pick FedEx Stock Ahead Of Q1?
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
16h
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 ...
btimesonline
6h
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 ...
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 ...
freightwaves.com
1d
FedEx results hurt by weak demand, fewer premium customers
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
1d
Buy Rating Affirmed on FedEx: Attractive Valuation and Growth Prospects Despite Initial Earnings Miss
Goldman Sachs analyst Jordan Alliger has maintained their bullish stance on FDX stock, giving a Buy rating on September 18. Jordan Alliger has ...
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