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FedEx Falls After Q1 Earnings Miss
Tuesday, September 17, 2019 - 4:14pm | 200Read More...FedEx Corporation (NYSE: FDX) shares are falling after reporting a first-quarter earnings miss. Adjusted first-quarter earnings came in at $3.05, missing estimates by 12 cents. Sales came in at $17.048 billion, missing estimates by $22 million. The company cut 2020 sales guidance given "...
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FedEx Shares Fall On Earnings Miss, Lower Guidance
Tuesday, March 19, 2019 - 4:18pm | 259Read More...FedEx Corporation (NYSE: FDX) shares are getting crushed after reporting a third-quarter earnings miss. The shipping giant reported third-quarter earnings of $3.03, missing estimates by 14 cents. Sales came in at $17 billion, missing estimates by $690 million. The company reported 2019 adjusted...
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FedEx Announces 25 Million Share Repurchase Program, Notes 'Strong' Profit And Cash Flow Performance
Wednesday, January 27, 2016 - 11:45am | 191Read More...Shares of FedEx Corporation (NYSE: FDX) were trading higher by more than 2 percent Wednesday as investors were encouraged by the company's announcement of a new share repurchase program. FedEx announced after Tuesday's market close that its Board of Directors has authorized a new share...
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FedEx CEO: Port Slowdown To Hurt Retailers' Q4
Thursday, December 18, 2014 - 3:57pm | 259Read More...Fourth-quarter results from retailers could be at risk from bottlenecks and labor strife at West Coast ports, according to an executive in the package shipping industry. FedEx Corporation (NYSE: FDX) Chief Executive Frederick W. Smith called the issue an under-reported "big deal."...
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FedEx Reports Strong Fourth Quarter, Shares Pop Then Sell Off (FDX)
Wednesday, June 19, 2013 - 8:35am | 537Read More...Global shipping giant FedEx (NYSE: FDX) reported fourth quarter and full year earnings Wednesday before the bell that beat expectations. However, guidance for the next year was weaker than expected, muting pre-market gains for the stock. Fourth Quarter For the fourth quarter of fiscal 2013...
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FedEx Fails to Deliver on Earnings and Guidance
Wednesday, March 20, 2013 - 9:04am | 463Read More...FedEx (NYSE: FDX) is down on Wednesday after reporting lackluster earnings and guidance. The Memphis, Tennessee-based firm reported third quarter earnings of $1.23 per share, dropping nearly 21 percent year-over-year. This figure also fell short of the Wall Street consensus of $1.38. Revenue...
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Does FedEx Have a Hidden Weakness?
Thursday, December 15, 2011 - 11:20am | 1090Read More...The freight and air delivery company posted strong 2Q revenue while reaffirming guidance. But is something dangerous brewing beneath surface? Based on numbers alone, FedEx (NYSE: FDX) is on a roll this morning. The company reported earnings of $1.57 per diluted share for the second quarter (which...
