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These Analysts Slash Their Forecasts On FedEx After Q3 Earnings - FedEx (NYSE:FDX)

FedEx lowered its full-year profit and revenue forecasts to $18 to $18.60 per share, citing continued weakness and uncertainty in the U.S. Industrial economy.
Shares of FedEx fell 8% in premarket trading following the announcement, with a noted loss of 5.3% to $232.29.
CFO John Dietrich stated that the revised earnings outlook reflects uncertainty in demand for FedEx's business-to-business services, impacting their revenue expectations.
CEO Raj Subramaniam noted that the company is navigating a very challenging operating environment with severe weather events and market conditions.

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The Daily Memphian

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FedEx cuts earnings outlook for year again, rattles market

By 8 p.m., FedEx shares had fallen $13.80 to $232.41 in after-hours trading on Thursday. Through the close of market, the stock price has fallen 5.3% for the year.

7 days ago

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sherwood.news

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FedEx on track for worst day in six months, after cutting its outlook over economic concerns

FedEx missed analyst estimates and cut its full-year outlook over economic worries....

7 days ago

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The Globe & Mail

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Stock market today: Down in premarket, Wall Street in danger of logging a fifth straight losing week

Real-time index price for S&P 500 Utilities [Sector] (SRUT), along with buy or sell indicators, analysis, charts, historical performance, news and more

7 days ago·Canada

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Poynter

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A dizzying week continues with more Trump cuts

The past week has felt like a month. And the past month has felt like a year. And 2025, so far, feels like many weeks and many months and many […] The post A dizzying week continues with more Trump cuts appeared first on Poynter.

7 days ago

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Colorado Springs Gazette

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Futures slip on tariff woes; FedEx falls after cutting forecast

(Reuters) - U.S. stock index futures edged lower on Friday as market participants continued to grapple with the ramifications of tariffs, with FedEx being the latest company to alter its full-year forecasts due to economic uncertainty.

7 days ago

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