FedEx Q1 Earnings & Revenues Lag Estimates, View Down
FedEx exited first-quarter fiscal 2025 with cash and cash equivalents of $5.94 billion compared with $6.50 billion at the prior-quarter end. Long-term debt (less current portion) was $19.6 billion compared with $20.1 billion at the end of the prior quarter.
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
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