FedEx Revises FY25 Revenue Forecast to Low Single-Digit Growth, Down from Low-to-Mid Single Digit, FedEx Lowers FY25 EPS Guidance (Before MTM Retirement Plans Accounting Adjustments) to $17.90-$18.90, Down from $18.25-$20.25
Portfolio Pulse from Benzinga Newsdesk
FedEx has revised its fiscal year 2025 revenue forecast to low single-digit growth, down from the previous low-to-mid single-digit growth. Additionally, FedEx has lowered its FY25 EPS guidance to $17.90-$18.90, down from $18.25-$20.25.
September 19, 2024 | 8:05 pm
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FedEx has revised its FY25 revenue forecast to low single-digit growth and lowered its EPS guidance to $17.90-$18.90, indicating potential challenges in achieving previous growth expectations.
The downward revision in revenue and EPS guidance suggests that FedEx is facing challenges that could impact its financial performance. This is likely to lead to a negative short-term impact on the stock price as investors adjust their expectations.
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