FedEx Downgraded After Earnings

FedEx (FDX) lowered its fiscal 2025 profit outlook again after reporting Q3 earnings slightly below expectations.

EPS rose 17% to $4.51 on $22.2 billion in revenue, missing analyst forecasts of $4.56 EPS but exceeding revenue estimates of $21.87 billion.

The company now expects fiscal 2025 EPS between $18 and $18.60, down from prior guidance of $19 to $20, Investor’s Business Daily has reported.

CFO John Dietrich attributed the revision to U.S. industrial weakness but reaffirmed confidence in FedEx’s transformation efforts.

read more: https://www.investors.com/news/fedex-cuts-2025-profit-expectation-once-more-this-is-why/

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