FedEx Shares Slide as Annual Forecast Cuts Stoke Worries on Economy

Reuters. FILE PHOTO: A driver of FedEx stands with packages near a delivery truck during Black Friday preparations in the Georgetown neighborhood of Washington, U.S., November 26, 2024. Read More

FedEx is the latest company to sound the alarm on the U.S. economy - MSN

FedEx Corp. late Thursday cut its profit outlook for a third straight quarter, saying that it reflected “continued weakness and uncertainty in the U.S. industrial economy.” The demand weakness ... Read More

FedEx Executive Issues Economy Warning - MSN

FedEx Chief Financial Officer John Dietrich said during the company's Q3 earnings call: "Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy ... Read More

FedEx’s worse-than-feared outlook triggers price-target cuts - MSN

FedEx’s stock fell 7.5% Friday, as analysts slashed their price targets for the closely watched company on the heels of its fiscal third-quarter update that offered a cloudier view ahead. Read More

FedEx Downgraded After Earnings. It’s a ‘Really Bad Recession ... - MSN

In December, FedEx cut its fiscal 2025 earnings-per-share range to $19 to $20, from a prior range of $20 to $21. Paterson, who lowered his price target to $221 from $283, doesn’t see things ... Read More

FedEx shares slide as trade turbulence hits demand, profit forecast - MSN

Shares of FedEx were down 6% in premarket trade, while rival UPS fell about 1%. German peer DHL also dropped nearly 2%. "The global demand environment remains volatile," said CEO Raj Subramaniam ... Read More

Fedex CFO with unique insight gives ominous warning about US economy - MSN

A high-powered executive is warning that his business is about to slow down — all because he sees turbulence ahead for the U.S. economy. John Dietrich, CFO of FedEx, just slashed the company’s ... Read More

FedEx’s earnings are coming. Why volumes could improve despite ... - MSN

In March, package deliverer FedEx Corp. cut its profit outlook for the third consecutive quarter, citing “continued weakness and uncertainty in the U.S. industrial economy.” As the company ... Read More

FedEx shares slide as annual forecast cuts stoke worries on economy

FedEx's shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning worries about the health of U.S. manufacturing amid uncertainty from the Trump administration's ... Read More