FedEx Corporation (FDX)
FedEx Stock Is Plunging. Wall Street Says Stick With It, Mostly.
Wall Street weighs in on FedEx after the shipping company reports weaker-than-expected quarterly earnings.
Why Did FedEx Stock Fall 13%?
FedEx stock (NYSE: FDX) saw a 13% fall in after-market hours on Thursday, September 19, after it reported Q1'25 results (fiscal ends in May) far worse than the street estimates. FDX stock is up 7% year-to-date, compared to -15% returns for its peer – UPS stock.
FedEx's earnings miss may be more of a speed bump than a brick wall, analyst says
Analysts sees a potential spinoff of FedEx's freight business as a potential boost, but the stock is dropping sharply
This stock nosedives 2 days after Jim Cramer's bullish comments
Just days after American TV personality Jim Cramer praised FedEx Corporation (NYSE: FDX) as a “great stock to own,” the company's shares took a nosedive, giving, once again, fuel to his critics who believe CNBC's ‘Mad Money' host is perpetually in the wrong.
Vernon: Both FedEx and UPS are well-positioned to leverage pricing power despite current pressures
David Vernon, Senior Research Analyst – Transportation at Bernstein, sees FedEx's lowered guidance as an overreaction and expects improvements later. He recommends buying the dip, noting both FedEx and UPS are well-positioned despite challenges.
Fedex hammered after 'worst quarter' in a decade
FedEx tumbled in overnight US trading as it warned full earnings would miss its guidance after a difficult first quarter. One analyst said the magnitude of the miss was huge while Barclays added it was one of the “worst first quarter profitability outcomes outside of the 2009 recession.
FedEx Corporation (FDX) Q1 2025 Earnings Call Transcript
FedEx Corporation (NYSE:FDX ) Q1 2025 Earnings Conference Call September 19, 2024 5:30 PM ET Company Participants Jeni Hollander - VP of IR Raj Subramaniam - President and CEO Brie Carere - EVP and Chief Customer Officer John Dietrich - EVP and CFO Conference Call Participants Brian Ossenbeck - JPMorgan Jordan Alliger - Goldman Sachs Jonathan Chappell - Evercore Tom Wadewitz - UBS Daniel Imbro - Stephens Chris Wetherbee - Wells Fargo Stephanie Moore - Jefferies Brandon Oglenski - Barclays Jason Seidl - TD Cowen Scott Group - Wolfe Research David Vernon - Bernstein Bruce Chan - Stifel Ken Hoexter - Bank of America Operator Good day, and welcome to the FedEx Fiscal Year 2025 First Quarter Earnings Call. [Operator Instructions] Please note, this event is being recorded.
FedEx Tamps Down 2025 Outlook Despite Digital Transformation Efforts
In some ways, FedEx is a bellwether of global trade and logistics. After all, global growth, inflation, fuel costs, interest rates, supply chain disruptions and competition are all elements that affect FedEx's revenue, margins and strategic investments.
Markets Celebrate Loosening Interest Rate Cycle
Economic prints were better than expected today, as well -- all but FedEx's (FDX) Q1 earnings results.
FedEx (FDX) Q1 Earnings and Revenues Miss Estimates
FedEx (FDX) came out with quarterly earnings of $3.60 per share, missing the Zacks Consensus Estimate of $4.82 per share. This compares to earnings of $4.55 per share a year ago.
FedEx earnings will show the success of the company's restructuring, says TD Cowen's Jason Seidl
TD Cowen senior analyst Jason Seidl joins 'Closing Bell' to discuss his expectations for FedEx earnings, why he is picking FedEx over UPS, and more.
FedEx Stock Falls After Shipper Slashes Full-Year Outlook
FedEx (FDX) shares tumbled in extended trading Thursday after the company missed analysts' estimates with its fiscal first-quarter results and slashed its full-year outlook.
