Soft demand is the culprit for FedEx’s 10 percent revenue decline in the fourth quarter, but the company’s package volume in the March-to-May period is trending in a positive direction—signaling that ...
The shares of FedEx Corporation (NYSE:FDX) are trading at nearly three-year highs today after earnings, last seen up 14.2% at $292.78. The shipping firm reported fiscal fourth-quarter adjusted ...
Earnings call FedEx grew adjusted operating income by 12% YoY and EPS by 17% in Q3 FY25, aided by $600M in DRIVE savings. However, it lowered FY25 EPS guidance to $18–$18.60 from $19–$20 due to weaker ...
Good day, and welcome to the FedEx Fiscal Year 2024 Second Quarter Earnings Call. All participants are in a listen-only mode. [Operator Instructions] After today's presentation, there will be an ...
An air traffic controller's faulty assumption that a Southwest Airlines jetliner would take off from a Texas airport before a landing FedEx plane reached the runway caused the planes to come within ...
The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer. Overall, adjusted earnings for FedEx’s fiscal first quarter were $4.55 a share, up from ...
FedEx's expense management efforts are exceeding expectations, leading to much improved operating income and margins. Earnings guidance was raised. Package volume growth remains pressed due to ...
Earnings call FedEx grew adjusted operating income by 12% YoY and EPS by 17% in Q3 FY25, aided by $600M in DRIVE savings. However, it lowered FY25 EPS guidance to $18–$18.60 from $19–$20 due to weaker ...