FedEx Stock Tumbles After Delivering Terrible Earnings News

Text size FedEx disappointed investors Thursday with a surprise earnings miss. Benoit Doppagne/BELGA/AFP via Getty Images FedEx stock was tumbling after the company doubly disappointed investors Thurs...

Dow Jones Futures: Stock Market Selling Resumes As This Bull Case Turns Bearish; FedEx Dives

Dow Jones futures fell overnight, along with S&P 500 futures and Nasdaq futures, with FedEx (FDX) plunging overnight on weak earnings and guidance. The stock market rally continued to weaken, with...

FedEx issues ominous warning about the global economy, shares tumble

FedEx (FDX) withdrew its full year earnings guidance and reported preliminary first quarter results that fell short of Wall Street estimates, sending shares tumbling in extended trading on Thursday. &...

FedEx to Close Offices, Park Aircraft After Warning of Sales Shortfall

Updated Sept. 15, 2022 5:42 pm ET Listen to article (2 minutes) FedEx said its quarterly revenue fell below its expectations and it was closing offices and parking aircraft to offset declining volumes...

FedEx stock tanks nearly 15% after company withdraws outlook, says year is about to get worse

FedEx Corp. shares fell nearly 15% in the extended session Thursday after the logistics company pulled its outlook for the year, called for significantly lower quarterly profit and lower revenue, and ...

FedEx stock slid 15% in after-hours: explore why

FedEx Corporation (NYSE: FDX) is down nearly 15% in extended trading after the logistics company reported weak results for its fiscal first quarter and disappointed on guidance as well. FedEx withdraw...

FedEx (FDX) earnings Q1 2023 miss estimates

FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments. “Global volumes declined as mac...

FedEx Reports After The Close On 9/22 — Options Contracts Expire The Next Day

According to NextEarningsDate.com, the FedEx FDX next earnings date is projected to be 9/22 after the close, with earnings estimates of $5.18/share on $23.61 Billion of revenue. Looking back, the rece...

Alibaba, FedEx, Bed Bath & Beyond and more

FedEx trucks at Indianapolis International Airport in Indianapolis, Indiana. Kaiti Sullivan | Bloomberg | Getty Images Check out the companies making the biggest moves midday Tuesday: Illumina — Share...

FedEx Sues Ground Contractor, Cancels His Routes

FedEx sued one of its largest delivery contractors in the U.S. and canceled his routes, saying the businessman has orchestrated a campaign to promote his own consulting firm by disparaging the deliver...

Washington Commanders Just Inked Their Richest Sponsorship Deal Ever

Taylor Heinicke #4 of the Washington Football Team celebrates after defeating the Seattle Seahawks at FedExField on November 29, 2021 in Landover, Maryland. (Photo by Patrick Smith/Getty Images) Getty...

Pro explains why FedEx shares are worth owning amidst macro headwinds

FedEx Corporation (NYSE: FDX) is trading at deep discount versus peers, which makes the stock worth owning here, says Elizabeth Evans. She’s a Managing Partner at Evans May Wealth. FedEx shares have m...

Buy Amazon Stock: It Could Double From Here

Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy—and the ...

UPS’ Carol Tomé: Barron’s Top CEOs 2022

Carol Tomé, CEO of UPS Courtesy of UPS Text size Not all volume is good volume, says Carol Tomé, a former Home Depot executive who came out of retirement to run UPS two years ago. She sold the company...

Why Disrupters Like FedEx Are Ditching Their Private Clouds

Private Server Farms Might Become A Thing Of The Past Photo: Marijan Murat/dpa (Photo by Marijan … [+] Murat/picture alliance via Getty Images) dpa/picture alliance via Getty Images The corporat...

FedEx stock dips 4% despite CEO modelling double-digit returns

Shares of FedEx Corporation (NYSE: FDX) are down 5.0% this morning even after the transport company said it was targeting annualised total shareholder return of up to 22% through fiscal 2025. CEO Subr...

Investors could do ‘a lot worse’ than FedEx here, Jim Cramer says

CNBC’s Jim Cramer on Monday told investors that while the market has yet to overcome the challenges threatening to create a recession, FedEx stock might be able to weather the turbulence. “...

Carnival, FedEx, Zendesk and more

The Carnival Paradise cruise ship arrives in port June 30, 2017 in Havana, Cuba. Alexander Creutzmann | Mambo photo | Getty Images Here are the stocks making headlines in midday trading: Carnival Crui...

CarMax, FedEx, Seagen and more

Check out the companies making headlines before the bell: CarMax (KMX) – The automobile retailer beat estimates by 7 cents with quarterly earnings of $1.56 per share, and revenue that also beat analys...

FedEx up on Q4 earnings: ‘we expect further momentum in fiscal 2023’

FedEx Corporation (NYSE: FDX) reported in-line earnings for its fiscal fourth quarter on Thursday. Shares are up 3.0% in extended trading on better-than-expected guidance for fiscal 2023. FedEx Q4 ear...

Cash Dividend On The Way From FedEx

On 6/24/22, FedEx will trade ex-dividend, for its quarterly dividend of $1.15, payable on 7/11/22. As a percentage of FDX’s recent stock price of $229.99, this dividend works out to approximatel...

UPS and FedEx are good dividend stocks, but which should you take?

United Parcel Service, Inc. (NYSE:UPS) and FedEx Corporation (NYSE:FDX) are two robust logistics companies. Both companies enjoyed stellar gains during the pandemic as online purchases rose. However, ...

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data rele...

FedEx’s Dividend Hike Stands Out

Text size FedEx trucks at a sorting facility Justin Sullivan/Getty Images FedEx grabbed the headlines this week for dividend announcements, declaring an increase of more than 50% to its quarterly payo...

FedEx Reports After The Close On 6/23 — Options Contracts Expire The Next Day

According to NextEarningsDate.com, the FedExFDX next earnings date is projected to be 6/23 after the close, with earnings estimates of $6.87/share on $24.57 Billion of revenue. Looking back, the recen...

FedEx Raises Dividend, Stock Jumps 9%. Is ‘New Day Dawning?’

FedEx stock is soaring after the company announced a dividend increase. Spencer Platt/Getty Images Text size FedEx stock was soaring after the delivery company raised its dividend and said it would ad...

Stocks making big moves midday: FedEx, Continental Resources, Oracle

Check out the companies making headlines in midday trading. Continental Resources — Shares soared 14% after the shale company announced an all-cash buyout proposal from the family trust of billionaire...

FedEx shares jumped 15% on Tuesday: what happened?

Shares of FedEx Corporation (NYSE: FDX) are up nearly 15% on Tuesday after the transportation company announced a significant increase in its dividend and added new directors to the board. FedEx raise...

Is FedEx Stock A Buy As It Prepares To Release Its First Earnings Under New CEO?

FedEx (FDX) is preparing to release its first quarterly earnings report since new CEO Raj Subramaniam took the reins from founder and still-Chairman Fred Smith. Can the Memphis-based shipping giant ov...

You could be a landlord for Amazon, FedEx and Walmart with these simple REITs that net up to a 4.4% yield

You could be a landlord for Amazon, FedEx and Walmart with these simple REITs that net up to a 4.4% yield Being a landlord is one of the oldest ways to earn an income stream. And these days, you don’t...

Home Delivery Robots: Last Mile Gamechangers

TOPSHOT – Sheila, 71, picks up a delivery from an autonomous robot called Starship delivering … [+] groceries from a nearby Co-op supermarket in Milton Keynes, England on September 20, 202...