FedEx Stock Falls
Why Did FedEx Stock Fall 13%?
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, and $4.90, respectively.
FedEx shares tumble amid weak demand for priority deliveries
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.
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.
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 priority shipments, partly offset by a higher base yield. Revenue was $2.3 billion, 2% lower than the prior year. The company said it closed seven small-market terminals last year as part of its strategy to streamline the network.
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.
FedEx Stock Falls After Shipper Slashes Full-Year Outlook
Key Takeaways FedEx lowered its revenue and earnings outlook for fiscal 2025.The company's fiscal first-quarter results missed analysts' expectations on the top and bottom lines amid weaker demand for its priority shipping services.
FedEx First-Quarter Results Unexpectedly Fall Amid Demand Headwinds, Cuts Full-Year Outlook
FedEx's (FDX) fiscal first-quarter results unexpectedly declined year-over-year as the parcel delivery company grappled with weak demand trends. Adjusted per-share earnings declined to $3.60 in the three months ended Aug.
FedEx shares fall sharply after missing on revenue and earnings, lowering guidance
CNBC's Fran Holland joins 'Closing Bell Overtime' with FedEx earnings. Can Kamala Harris beat Donald Trump? Latest poll ...
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 ...
FedEx Corporation (FDX): A Bull Case Theory
We came across a bullish thesis on FedEx Corporation (FDX) on Rijnberk InvestInsights’ Substack by Daan Rijnberk. In this ...
Challenging Quarter Show That FedEx's Complex Restructuring Got Messy
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
dailymemphian16h
FedEx admits first quarter tougher than expected in disappointing earnings report
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
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 ...
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 ...