tiprankstipranks
Trending News
More News >

FedEx cuts FY25 EPS ex-items view to $19-$20 from $20-$21, consensus $19.75

Cuts FY25 revenue growth view to flat year-over-year from low single-digit growth. “I remain confident FedEx (FDX) will continue to grow earnings this year despite the challenging demand environment, as we focus on transforming operations and improving revenue quality,” said John Dietrich, FedEx Corp. executive vice president and chief financial officer. “We are resolute in our strategy to prudently manage our capital expenditures, and expect to deliver on our commitment to return $3.8 billion to stockholders this fiscal year.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue