Here's Why Investors Should Give FedEx (FDX) a Miss Now
FedEx(FDX) Zacks Investment Research·2024-03-14 01:26
FedEx Corporation (FDX) is currently embroiled in a complex web of challenges, a situation that we believe has significantly dampened its appeal as an investment option.Let’s delve deeper.Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 10.1% downward over the past 90 days. For the current year, the consensus mark for earnings has moved 3% south in the same time frame. The bearish alterations in estimate revisions underscore a notable decline i ...