FedEx Corp. provided several updates on Thursday, March 20, on its ongoing spin out of less-than-truckload (LTL) business ...
FedEx reported higher revenue and operating income in the third quarter than last year but says shipping business could slow this quarter because of weakness and uncertainty in manufacturing.
FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in ...
FedEx has switched from downsizing to incrementally growing its air cargo fleet by ordering large 777 freighters and ...
FedEx (NYSE:FDX) shares remain under pressure on Friday after missing profit expectations and lowering its FY25 guidance for ...
FedEx Corp. shares tumbled after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, ...
FedEx CFO John Dietrich said he assumes the macroeconomic environment won't significantly improve through the first half of ...
FedEx Corp. shares fell after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, ...
We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.2 billion as of fiscal year-end 2024, which ended May, similar to levels posted in fiscal 2023 and fiscal 2022 ...
FedEx (NYSE: FDX) shares dropped 11% on Friday after the delivery giant slashed its fiscal 2025 earnings forecast, ...
Quarterly revenue, at $22.16 billion, increased 2% annually, and operating income, at $1.29 billion, rose 4%. Earnings per share, at $4.51, fell short of Wall Street expectations, at $4.56.