Summary of FedEx Slumps on Quarterly Profit Miss, Softer 2025 Outlook
Summary of FedEx Slumps on Quarterly Profit Miss, Softer 2025 Outlook
FedEx Corp. reported a worse-than-expected quarterly profit and slowed down its business outlook, citing a challenging quarter due to customers trading down to cheaper shipping options. The company's shares slid as much as 14% after the close of regular trading. The results spooked investors looking for signals about where the economy is headed after the Federal Reserve cut its benchmark interest rate for the first time since 2020.
quoting nevent1q…6ht3FedEx Slumps on Quarterly Profit Miss, Softer 2025 Outlook
https://s.yimg.com/ny/api/res/1.2/FwIe0lT1Fk_c8xhDFR2ong--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/bloomberg_markets_842/60f8d2695ff43c912db99ce7a9c70ee8
https://finance.yahoo.com/news/fedex-narrows-2025-outlook-posts-201154635.html
FedEx Corp. reported a worse-than-expected quarterly profit and slowed down its business outlook, citing a challenging quarter due to customers trading down to cheaper shipping options. The company's shares slid as much as 14% after the close of regular trading. The results spooked investors looking for signals about where the economy is headed after the Federal Reserve cut its benchmark interest rate for the first time since 2020.