News

FedEx shows resilience with strong EPS growth and margins despite sluggish revenue. Cash flow generation is a minor concern.
FedEx's restructuring and AI investments show potential, but execution risks and competition loom. Learn why a Hold rating ...
Express margins missed our profitability forecast (and likely buy-side expectations), declining year over year and sequentially to a paltry 1.7%.
FedEx Corp said on Tuesday it would increase shipping rates and customs clearance service fees on imports from Jan. 1, 2024 as the parcel delivery company aims to boost its profitability.
For FedEx, the expiration would negatively affect profitability for a company that is undergoing plenty of cost cuts of its own in an effort to save $4 billion in costs by 2025.
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 said the decision was made on March 29, after extensive discussions with the U.S. Postal Service. The company issued the following statement on Monday: ...
March 21 (Reuters) - FedEx FDX.N raised its fiscal 2024 profit forecast on Thursday, expecting cost cuts to offset a decline in demand from its largest customer, the U.S. Postal Service (USPS).
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13% By Lisa Baertlein and Aishwarya Jain March 21, 20244:40 PM PDTUpdated March 21, 2024 ...
FedEx Corp <FDX.N> reported fourth-quarter profit that beat Wall Street estimates on Tuesday, as revenues and operating margins increased in each of the company's operating units.