News

It’s difficult to figure out private courier FedEx (FDX), especially following the election of Donald Trump to a second term. Therefore, I am Neutral on FDX stock in terms of sentiment. However ...
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: ...
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.
FedEx shows resilience with strong EPS growth and margins despite sluggish revenue. Cash flow generation is a minor concern.
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. 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.
We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.6 billion as of fiscal year-end 2023, which ended May, similar to levels posted in fiscal 2021 and fiscal ...
Many businesses are diverting parcel shipments to cheaper carriers as FedEx and UPS hike rates and surcharges, according to the latest TD Cowen/AFS Freight Index.
Adjusted earnings are now expected to be in the range of $18 to $18.60 per share this fiscal year, below the $18.95 average analyst estimate. FedEx also cautioned that revenue may be slightly down ...
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.
Express margins missed our profitability forecast (and likely buy-side expectations), declining year over year and sequentially to a paltry 1.7%.