FedEx Reports Downbeat Results, Joins MillerKnoll And Other Big Stocks Moving Lower In Friday's Pre-Market Session
FedEx(FDX) Benzinga·2024-09-20 12:30
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 ...