FedEx Corporation (FDX) reported disappointing first-quarter fiscal 2025 results wherein both earnings and revenues lagged the Zacks Consensus Estimate. Quarterly earnings per share (EPS) (excluding 39 cents from non-recurring items) of $3.60 missed the Zacks Consensus Estimate of $4.82 and declined 20.8% year over year. Revenues of $21.6 billion fell short of the Zacks Consensus Estimate of $22.1 billion and fell 0.5% from the year-ago fiscal quarter’s reported figure.Quarterly results were unfavorably imp ...

Key TakeawaysFedEx shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and reduced its forecast as it faced what CEO Rajesh Subramaniam called a "challenging Q1 demand environment," especially in the U.S.The company pointed to weakness in the industrial economy impacting business-to-business revenue.FedEx also said it faced a decline in priority shipping volume and growth. FedEx (FDX) shares plunged 15% Friday, a day after the package delivery giant missed quarterly ...

FedEx Corp FDX has hit a rough patch, with its recent quarterly results leaving investors concerned. The stock plummeted over 15% during midday trading on Friday on the earnings news, wiping out gains made during this past quarter.With the drop, FedEx investors have seen only a 1.56% gain over the past year and less than 1% year-to-date.Earnings Miss: A Tough Quarter For FedExReporting first-quarter revenue and earnings that fell short of analyst expectations, the logistics giant cited a "challenging quarte ...

Forbes Community GuidelinesOur community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.In order to do so, please follow the posting rules in our site's Terms of Service.  We've summarized some of those key rules below. Simply put, keep it civil.Your post will be rejected if we notice that it seems to contain:False or intentionally out-of-context or misleading informationSpamInsults, profanity, incoh ...

Shares of FedEx Corp FDX tanked climbing in early trading on Friday, after the company reported downbeat results for its fiscal first quarter.Here are some key analyst takeaways.BMO Capital Markets analyst Fadi Chamoun reiterated a Market Perform rating, while reducing the price target from $325 to $300.Stifel analyst Bruce Chan maintained a Buy rating, while cutting the price target from $327 to $321.Goldman Sachs analyst Jordan Alliger reaffirmed a Buy rating, while reducing the price target from $332 to ...

A weak quarterly report shows the logistics giant's turnaround efforts will take time to show results.FedEx (FDX -15.09%) reported weaker-than-expected quarterly results after the closing bell Thursday, and lowered its profit outlook for the fiscal year.Investors Friday don't appear interested in going along for the ride -- they've sent FedEx shares down by more than 14% as of 10:45 a.m. ET.Challenging timesIt has been a difficult few years for transportation companies. Rising interest rates and fears about ...

FedEx TodayFDXFedEx$256.00 -44.39 (-14.78%) 52-Week Range$224.69▼$313.84Dividend Yield2.16%P/E Ratio14.86Price Target$314.58Add to WatchlistFedEx Corporation NYSE: FDX is a solid business, but its latest results give another reason to fear that a recession is near. The company underperformed in all metrics, contracting versus an expectation to grow and reducing guidance in what may be the first of several reductions this year. The FedEx news sent ripples of fear through the entire transportation sector, dri ...

In my first article on FedEx Corporation (NYSE: FDX ) 11 months ago, which was, in fact, my first-ever article on Seeking Alpha, my thesis was that the stock wasn't a viable long-term investment because, at the time, earnings growth estimates of 15% were farI have been a keen student of the markets for several years now. I love studying how companies grow over time, what value they deliver to their stakeholders, and projecting long-term value as an investment opportunity. I work as a content professional fo ...

Shares of FedEx tumbled overnight following a disappointing earnings report and forecast. (Photo by ... [+] Ben Jared/PGA TOUR)PGA TOURKey Takeaways Fed's Aggressive Half-Point Cut Signals Caution Amid Economic Uncertainty Stock Market Rallies, But Global Slowdown Concerns Still Loom Large Commodities Like Oil And Copper Drop, Raising Global Economic WorriesOne day after Jay Powell and the Federal Reserve cut interest rates by a half of percentage point, stocks partied, to quote Prince, "like it's 1999." Th ...

U.S. stock futures were lower this morning, with the Nasdaq futures falling over 80 points on Friday.Shares of FedEx Corporation FDX fell sharply in today's pre-market trading after the company reported weaker-than-expected results for the first quarter of fiscal 2025 and lowered its full-year guidance.FedEx reported first-quarter revenue of $21.6 billion, missing analyst estimates of $21.955 billion, according to Benzinga Pro. The company reported first-quarter adjusted earnings of $3.60 per share, missing ...