FedEx, Nike, Constellation Energy, and More
Midday stock movers: FedEx, Constellation Energy, Nike
FedEx has lowered its full-year outlook, now expecting low-single-digit revenue growth instead of the previous mid-range estimate. It expects earnings per diluted share of $17.90 to $18.90, down from $18.25 to $20.25. Analysts predict earnings of $19.96 per share and $89.69 billion in revenue.
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
Shares of parcel and cargo delivery company FedEx (NYSE:FDX) fell 15.4% in the morning session after the company reported Q3 ...
The Okaloosa County Sheriff’s Office has arrested a man after firing shots into an occupied FedEx delivery truck in Cinco ...
In trading on Friday, shares of FedEx crossed below their 200 day moving average of $267.52, changing hands as low as $255.40 ...
(Reuters) - FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp ...
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 ...
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