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 transformation led by CEO Raj Subramaniam. The parcel giant reported a sharp fall in profits due to weak demand for high-margin speedy delivery services and lowered its annual revenue forecast.
FedEx stock plummets 15% on earnings miss, revised downward guidance. Technical indicators signal deep bear territory, ...
Hold rating with short-term gain potential, but long-term investment remains unattractive. Explore more details here.
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, ...
FedEx stock fell 11% after disappointing Q1 earnings and lowered guidance, but the sell-off may have been an overreaction, ...
The S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by ...
What is the Fund Sentiment? There are 2,703 funds or institutions reporting positions in FedEx. This is an increase of 35 owner(s) or 1.31% in the last quarter. Average portfolio weight of all ...
We came across a bullish thesis on FedEx Corporation (FDX) on Rijnberk InvestInsights’ Substack by Daan Rijnberk. In this ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback