FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
According to the distance from the destination, delivery usually takes 1–5 business days; Alaska and Hawaii take 3–7 business days. The FedEx Ground delivery window is from 8 a.m. to 12 p.m. –8 p.
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx is expected to report a 4.8% rise in EPS and a 1% increase in revenue for the first quarter, as investors remain ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
delivering a surprise of 1.31%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. FedEx, which belongs to the Zacks Transportation - Air Freight and Cargo ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.