FedEx (FDX) Q1 2025 Earnings Call Transcript
Good day, and welcome to the FedEx fiscal year 2025 first quarter earnings call. All participants are in listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions. [Operator instructions] Please note, this event is being recorded.
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue in 1Q -- Update
FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter after weaker-than-expected demand, particularly in the U.S. domestic package market, dragged down its results. Shares fell 8% to $300.39 a share in after-hours trading on Thursday. The stock was up 19% this year at market close.
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It wasn’t a strong report, and lower demand for premium services contributed to the disappointment. Industrial customers are ...
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FedEx (NYSE:FDX) missed FQ1 profit and sales expectations and dropped its outlook for FY25, driving shares sharply lower in ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
FedEx attributed the poor results to higher operating expenses, a reduced demand for priority services and a single fewer ...
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