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FedEx (FDX) missed both earnings and revenue estimates for fiscal 2024 and cut the revenue guidance for the fiscal year on an expected drop in demand from the U.S. Postal Service.

Why FedEx Stock Is Plunging Today

12:55pm, Wednesday, 20'th Dec 2023
FedEx reported higher operating income and margin growth in its most recent quarter, but results fell short of expectations. The company also tempered full-year revenue guidance.
FedEx (FDX) was the worst-performing stock in the S&P 500 Wednesday morning, with shares plunging over 10% after the delivery firm posted worse-than-expected results and cut its guidance on weaker dem
Christian Wetherbee, Citigroup head of global transportation, joins 'Squawk on the Street' to discuss Wetherbee's $300 price target for FedEx, if the company's headwinds are transitory, and how confid
General Mills and FedEx both cut their revenue outlook for their fiscal years.

Buy FedEx's stock on the big dip, analyst says

11:18am, Wednesday, 20'th Dec 2023
Shares of FedEx Corp. have fallen so much on the back of the package delivery giant's earnings miss, that it has created an attractive buying opportunity for investors, one Wall Street analyst said.
FedEx Corp (NYSE:FDX) reported worse-than-expected second-quarter earnings of $3.99 per share yesterday, as well as a revenue miss.
Shares of FedEx tanked Wednesday after a declining sales forecast delivered during the firm's earnings report disappointed investors, causing red-hot stock indexes to slide as FedEx's results revealed
FedEx Corporation NYSE: FDX executes well and builds earnings leverage. The bad news is that business continues to weaken, impacting the overall top and bottom-line results and the economic outlook.
Here's our daily look at three charts linked to recent news-driven price moves, with key technical levels to eye.
Donald Broughton, Broughton Capital managing partner, joins 'Squawk Box' to discuss FedEx's quarterly earnings results, which fell short of estimates in its fiscal second quarter and lowered its reven

FedEx crashes by 15% after sales warning

07:26am, Wednesday, 20'th Dec 2023
FedEx (NYSE:FDX) Corp tanked 15% in overnight trading as a warning that sales this year would undershoot expectations accompanied by a miss on earnings in its latest quarter. The delivery group now e
FedEx Corp. reported profit that fell below analyst expectations in the second quarter as cost cuts couldn't make up for volume declines at the air-freight unit. Bloomberg Intelligence's Lee Klaskow h
7:00am: FedEx (NYSE:FDX) warning dents the upbeat festive spirit Stocks in New York are expected to open lower after a warning from FedEx dented the buoyant end-of-year mood.  In pre-market trading,
Shares of FedEx Corp. FDX, -0.68% took a 10.2% dive toward a five-week low in premarket trading Wednesday, after the package delivery giant missed earnings expectations and cut its full-year sales out
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