FedEx Delivers Another Crushing Blow to Its Stock Price
Portfolio Pulse from
FedEx reported mixed Q3 results with 2.3% revenue growth to $22.2 billion, but earnings fell short of consensus estimates. The company reduced its guidance, expecting flat to slightly down performance in the year, which triggered a 10% stock price decline. Institutional ownership and potential share buybacks might provide a price floor around $215.
March 21, 2025 | 3:00 pm
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FedEx's Q3 earnings missed consensus, with reduced guidance causing market concern. Stock could potentially drop to $200 level due to weak margins and uncertain outlook.
Reduced guidance, earnings miss, and negative market sentiment suggest short-term stock price decline. Technical analysis indicates potential drop to $200 support level.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100