FedEx (FDX) closed at $295.21 in the latest trading session, marking a +0.25% move from the prior day.
FedEx Corporation (NYSE:FDX ) Baird Global Industrial Conference November 12, 2024 5:05 PM ET Company Participants Jenifer Hollander - VP of IR John Dietrich - EVP and CFO Conference Call Participants Garrett Holland - Baird Garrett Holland With that we will start for our last session of the day. Again, my name is Garrett Holland, Senior Analyst covering transportation and logistics here at Baird.
In the closing of the recent trading day, FedEx (FDX) stood at $289.79, denoting a +1.23% change from the preceding trading day.
FedEx (FDX) concluded the recent trading session at $271.18, signifying a -1.16% move from its prior day's close.
In the most recent trading session, FedEx (FDX) closed at $275.04, indicating a -0.15% shift from the previous trading day.
FedEx's Q1 2025 results missed expectations, but the stock has rebounded, showing resilience despite challenges like lower demand, rising expenses, and increased competition. FedEx is implementing price hikes and cost-cutting measures to counteract weak B2B shipments, inflation, and competition, aiming for modest revenue growth in fiscal 2025. FedEx's strong cash flow and reasonable stock valuation make it a stable option for long-term investors seeking steady returns and solid dividend growth.
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