FedEx Corp. FDX posted weaker-than-expected earnings for its third-quarter results after Thursday's closing bell.
FedEx Corp (NYSE:FDX, ETR:FDX) shares fell more than 9% in afterhours trading after the freight company's third quarter earnings missed expectations and it slashed its full-year profit outlook. For Q3, FedEx reported earnings per share (EPS) of $4.51, below estimates of $4.63.
U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Friday.
Jonathan Chappell, Evercore ISI senior managing director, joins 'Squawk Box' to discuss FedEx's quarterly earnings results, potential impact of tariffs, and more.
Wall Street is worried about trade and its impact on FedEx after the company cut its profit outlook again.
Ariel Rosa, Senior Analyst at Citi, discusses FedEx's stock cut, macroeconomic headwinds, freight risks, and transport sector trends, highlighting industrial weakness and long-term investment value.
FedEx Corporation (NYSE:FDX ) Q3 2025 Earnings Conference Call March 20, 2025 5:30 PM ET Company Participants Jeni Hollander - Vice President, Investor Relations Raj Subramaniam - President and Chief Executive Officer Brie Carere - Executive Vice President and Chief Customer Officer John Dietrich - Executive Vice President and Chief Financial Officer Conference Call Participants Jonathan Chappell - Evercore ISI Richa Harnain - Deutsche Bank Scott Group - Wolfe Research Bascome Majors - Susquehanna David Vernon - Bernstein Jordan Alliger - Goldman Sachs Chris Wetherbee - Wells Fargo Brandon Oglenski - Barclays Daniel Imbro - Stephens Tom Wadewitz - UBS Jason Seidl - Cowen Brian Ossenbeck - JPMorgan Conor Cunningham - Melius Research Ravi Shanker - Morgan Stanley Ken Hoexter - Bank of America Ariel Rosa - Citigroup Operator Good day, and welcome to the FedEx Third Quarter Fiscal 2025 Earnings Call. All participants are in a listen-only mode.
The headline numbers for FedEx (FDX) give insight into how the company performed in the quarter ended February 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
FedEx revised its outlook downward, citing "weakness and uncertainty" in the US industrial economy. The shipping giant said its freight and business-to-business demand were soft in the third quarter.
FedEx (FDX) came out with quarterly earnings of $4.51 per share, missing the Zacks Consensus Estimate of $4.65 per share. This compares to earnings of $3.86 per share a year ago.
FedEx reported solid revenue growth in its fiscal 2025 third quarter, but fell slightly short of earnings per share expectations.
CNBC's Frank Holland and Adam Crisafulli, Vital Knowledge founder, join 'Closing Bell Overtime' to talk FedEx earnings.