The move: FedEx dropped 9.41% in premarket trading ... The company lowered its revenue and profit outlook for the year, expecting shipping demand to soften amid economic uncertainty.
FedEx said it is making progress on its plan to spin off its freight division as a separate publicly traded company. The move is intended to streamline the company’s operations so it can focus ...
Fifth, our freight separation work is underway. John will share more details shortly. And lastly, we are providing our customers with the best-value proposition in the industry. FedEx Ground and ...
FedEx (FDX) reported quarterly earnings that missed analysts’ expectations and cut its full-year outlook, sending shares lower in extended trading Thursday. The shipping giant said it expects ...
FedEx Corp. lowered its full-year guidance for ... operating environment in the period that included a shorter peak shipping season and severe weather.
FedEx Corp. shares tumbled after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments. Adjusted earnings ...
which are crimping higher margin B2B shipping services. FedEx (NYSE: FDX) said it expects revenue to be flat to slightly down year over year from the previous outlook of flat revenue. The ...
FedEx Freight segment operating results decreased during the quarter due to lower fuel surcharges, reduced weight per shipment, and fewer shipments, partially offset by higher base yield. The ...
Logistics giant FedEx (FDX) is set to announce the results for the third quarter of Fiscal 2025 after the market closes on Thursday, March 20. FDX stock has declined over 12% year-to-date ...
Kevin Carter / Contributor / Getty Images FedEx is set to report fiscal third-quarter earnings after the closing bell Thursday. Analysts are mostly bullish on the shipping giant's stock.