From Financial Modeling Prep: 2025-03-21 07:57:00

FedEx shares dropped over 7% in pre-market trading due to lowered profit and revenue guidance, citing challenges in the U.S. industrial sector. Adjusted earnings per share for fiscal year 2025 now expected at $18-$18.60, down from previous forecasts of $19-$20. Revenue outlook adjusted to flat to slightly negative growth from prior expectations of flat revenue.

Weakness in industrial demand and economic uncertainty cited for guidance revision. Concerns over new tariff policies and weather disruptions also impacting FedEx’s business-to-business shipping segment. Fiscal Q3 saw adjusted EPS of $4.51 on $22.2 billion revenue, beating revenue expectations but missing profit forecasts.



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