FedEx Braces For Q2 Earnings: 'One Of The Most Consequential Quarters In Years,' Analyst Says
FedEx(FDX) Benzinga·2024-12-19 00:13
FedEx Corp. FDX is set to report its fiscal second-quarter results on Thursday after the closing bell and analysts are expecting a decline in earnings. What To Know: FedEx reported disappointing first-quarter results in September with adjusted earnings nearly 25% below consensus estimates. The company cited a mix-shift that trended toward higher volumes of less profitable freight and weakness in its industrial and manufacturing customers. "The soft industrial economy is clearly weighing on the [business-to- ...