Tech stocks reached new record highs, and the S&P 500 is currently about -1% below all-time highs.
FedEx (FDX) came out with quarterly earnings of $6.07 per share, beating the Zacks Consensus Estimate of $5.93 per share. This compares to earnings of $5.41 per share a year ago.
FedEx (FDX) shares fell in extended trading Tuesday as the shipping giant suspended its full-year forecast.
FedEx reported better-than-expected quarterly earnings and revenue Tuesday. The company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.
FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street's expectations, sending shares of the package-delivery giant lower in after-hours trade.
FedEx Corp (NYSE:FDX, ETR:FDX) suspended its financial outlook for fiscal 2026 on Tuesday, citing persistent uncertainty in global demand, even as the delivery giant reported stronger-than-expected results for the fourth quarter of fiscal 2025. Adjusted earnings per share for the quarter came in at $6.07, beating the consensus estimate of $5.81, while revenue rose to $22.2 billion, topping forecasts of $21.8 billion.
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the fourth quarter ended May 31 (adjusted measures exclude the items listed below): Fiscal 2025 Fiscal 2024 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $22.2 billion $22.2 billion $22.1 billion $22.1 billion Operating income $1.79 billion $2.02 billion $1.56 billion $1.87 billion Operating margin 8.1% 9.1% 7.0% 8.5.
The express shipper reports fiscal fourth-quarter numbers Tuesday evening. Investors will be looking 2026 guidance and signs that global growth will accelerate.
'Mad Money' host Jim Cramer looks back on the legacy and impact of FedEx founder Fred Smith.
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.”
This week, investors will get insight into the broader state of the transportation industry as it relates to delivery services with FedEx FDX set to report results for its fiscal fourth quarter after market hours on Tuesday, June 24th.
FedEx (FDX) is set to post its final earnings report of its fiscal 2025 after the market closes on Tuesday, with traders expecting a sizable move from the shipping giant's stock.