Will interest rate loosening trump prior tightening? … the bull and bear case … headlines from 2000 and 2007 … Eric Fry’s Great 2024 Sell-Off tomorrow nightBeware bulls predicting nothing but bullishness…Similarly, beware bears spewing nothing but bearishness…The reality is we’re in a complicated market with abundant crosswinds.Given this, I suggest that you should listen to…The Ursitorox.I stumbled upon the Ursitorox online. It’s a mythical combination of bull and bear, and may God have mercy on my soul fo ...

FedEx has helped kick off the Q3 earnings season, with its report reflecting one of the earlier that we still count in the overall Q3 tally. We still have a few weeks until the big banks unveil their quarterly results, really ushering in the period in a big way.The reaction to the FedEx (FDX) report was notably negative, with the results spooking investors. Let’s take a closer look at the release and compare the company’s current standing to a prominent peer, United Parcel Service (UPS) .FedEx Quarterly Res ...

Shares of FedEx Co. NYSE: FDX have recently sold off by as much as 18% from their recent highs to trade at a much lower 81% of their 52-week high. As Wall Street defines a bear market as a 20% or more selloff from recent highs, FedEx is now in an official bear market, causing most to stay away from the company and others to watch it all the more.As this stock is part of the broader transportation sector, some are anxious about the selloff implications for the consumer discretionary sector since FedEx takes ...

The FedEx (FDX) disappointment likely has some company-specific aspects, but it is reasonable to see this report as providing a read-through for the broader economy that has shown signs of moderation lately. In fact, these signs of macroeconomic softness prompted the U.S. Fed to come out with a bigger interest rate than many in the market expected just a few weeks ago.FedEx missed on the top- and bottom-lines and guided lower, with several analysts covering the stock skeptical of the company’s ability to me ...

Key TakeawaysThe S&P 500 slipped 0.2% on Friday, Sept. 20, receding from the record high it printed after this week's interest-rate cut by the Federal Reserve.FedEx shares dropped after the package delivery giant missed quarterly estimates and reduced its full-year guidance, citing soft demand.Constellation Energy said it will restart operations at a shuttered nuclear plant to provide clean energy for Microsoft data centers, and shares of the utility soared. Major U.S. equities indexes were mixed on the fin ...

FedEx Corporation (FDX) reported disappointing first-quarter fiscal 2025 results wherein both earnings and revenues lagged the Zacks Consensus Estimate. Quarterly earnings per share (EPS) (excluding 39 cents from non-recurring items) of $3.60 missed the Zacks Consensus Estimate of $4.82 and declined 20.8% year over year. Revenues of $21.6 billion fell short of the Zacks Consensus Estimate of $22.1 billion and fell 0.5% from the year-ago fiscal quarter’s reported figure.Quarterly results were unfavorably imp ...

Key TakeawaysFedEx shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and reduced its forecast as it faced what CEO Rajesh Subramaniam called a "challenging Q1 demand environment," especially in the U.S.The company pointed to weakness in the industrial economy impacting business-to-business revenue.FedEx also said it faced a decline in priority shipping volume and growth. FedEx (FDX) shares plunged 15% Friday, a day after the package delivery giant missed quarterly ...

FedEx Corp FDX has hit a rough patch, with its recent quarterly results leaving investors concerned. The stock plummeted over 15% during midday trading on Friday on the earnings news, wiping out gains made during this past quarter.With the drop, FedEx investors have seen only a 1.56% gain over the past year and less than 1% year-to-date.Earnings Miss: A Tough Quarter For FedExReporting first-quarter revenue and earnings that fell short of analyst expectations, the logistics giant cited a "challenging quarte ...

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Shares of FedEx Corp FDX tanked climbing in early trading on Friday, after the company reported downbeat results for its fiscal first quarter.Here are some key analyst takeaways.BMO Capital Markets analyst Fadi Chamoun reiterated a Market Perform rating, while reducing the price target from $325 to $300.Stifel analyst Bruce Chan maintained a Buy rating, while cutting the price target from $327 to $321.Goldman Sachs analyst Jordan Alliger reaffirmed a Buy rating, while reducing the price target from $332 to ...