FedEx falls after missing on earnings and revenue

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

FedEx is set to report earnings after the bell

div > div.group > p:first-child"> Here's how Wall Street expects FedEx to do:

Last quarter, FedEx lowered its full year 2019 earnings guidance to a range of $15.50 to $16.60 per share, down from $17.20 to $17.80 per share. Analysts expected $17.33 per share. The company cited a deceleration in global trade. FedEx also said that despite a strong U.S. economy, its international business weakened during the second quarter, especially in Europe.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hope they 'deliver' a good 'package'!! Great puns there. (With help from my Singaporean Executive Assistant, Jon. We both guffawed at that.) Best, Michael

How did they send in their earnings?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FedEx should delay Boeing deliveries and boost stock with buybacks instead, Bank of America saysBank of America suggested on Monday that the logistics company could boost its stock by delaying planned purchases of Boeing airplanes. Or invest in your employees! BA should deliver their own planes and not ship them via FedEx. If you choose delays... (Hint: Consider the benefits of listening 2 your Labor Unions over D regulation...?)
Source: CNBC - 🏆 12. / 72 Read more »

Elon Musk vs. SEC; Brexit chaos; FedEx earningsToday’s top business headlines with ChristineRomans: - S&P 500 climbs to five-month high - CNN poll: 7 in 10 say economy in good shape - Lyft plans to raise more than $2B in its IPO - DraftKings looks to cash in on March Madness ChristineRomans Basically Trump is killing it ChristineRomans Trumps America ChristineRomans Hate him all you want stats say Trumps doing a good job
Source: CNN - 🏆 4. / 95 Read more »

FedEx earnings could save this lagging sectorFedEx is set to report earnings after the bell, and it could be a lifeline to this lagging sector. Nope. Awful earnings.
Source: CNBC - 🏆 12. / 72 Read more »

Adobe stock falls after earnings and revenue beat consensus estimates
Source: MarketWatch - 🏆 3. / 97 Read more »

Docusign stock falls after earnings and revenue beatDocusign Inc. shares fell more than 7% in the extended session Thursday after the e-signature company topped consensus estimates for earnings and issued... Tech is in trouble. Bc a LOT like the tech bubble of the 90’s a bunch of VCs & angel investors spent BILLIONS on tech startups seriously believing we’d be living in a totally automated world by now. But ppl are BROKE & reality is crashing down, on the tech startups AND big names
Source: MarketWatch - 🏆 3. / 97 Read more »

FedEx earnings could save this lagging sectorFedEx is set to report earnings after the bell, and it could be a lifeline to this lagging sector. Nope. Awful earnings.
Source: CNBC - 🏆 12. / 72 Read more »

Elon Musk vs. SEC; Brexit chaos; FedEx earningsToday’s top business headlines with ChristineRomans: - S&P 500 climbs to five-month high - CNN poll: 7 in 10 say economy in good shape - Lyft plans to raise more than $2B in its IPO - DraftKings looks to cash in on March Madness ChristineRomans Basically Trump is killing it ChristineRomans Trumps America ChristineRomans Hate him all you want stats say Trumps doing a good job
Source: CNN - 🏆 4. / 95 Read more »

Ulta Beauty shares climb after earnings, revenue top expectationsShares of Ulta Beauty rose following the release of the beauty company's better-than-expected fourth-quarter earnings.
Source: CNBC - 🏆 12. / 72 Read more »