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FedEx cut its guidance for fiscal 2025 earnings per share to a range of $20 to $21 (down from $20 to $22 previously), and cut its outlook for revenue growth to a low-single-digit percentage from ...
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With a challenged macroeconomic environment and competitive pricing, FedEx also narrowed down its previously given adjusted earnings per share range that was from $20 to $22 to $20 and $21 per share.
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The following table illustrates the impact of the pandemic on key economic measures. February 2020 represented the pre-crisis level for most variables, with the S&P 500 stock market index (a leading indicator) falling from its February 19 peak. From February through June, the number of persons with jobs was down 14.6 million.
FedEx (FDX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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