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 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 Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning ...
FedEx Corp. (FDX) is facing increasing pressure as its latest earnings report revealed a significant miss on both profit and ...
FedEx Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning ...
FedEx Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx Corporation's (NYSE:FDX) value has fallen 11% in the last week, but insiders who sold US$3.1m worth of stock ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
Q1 2025 Earnings Call Transcript September 19, 2024 FedEx Corporation misses on earnings expectations. Reported EPS is $3.6 ...
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...