There are 4 article(s) tagged John Dietrich:

• March 2025

  • FedEx cuts earnings outlook for year again, rattles market

    By 8 p.m., FedEx shares had fallen $13.80 to $232.41 in after-hours trading on Thursday. Through the close of market, the stock price has fallen 5.3% for the year.

    By Jane Roberts March 21, 2025

• December 2024

  • FedEx sees some gains in face of stubborn economy, other headwinds

    The company affirms the value of its savings programs, more than $6 billion through 2027, but downgrades earnings-per-share for the rest of the year.

    By Jane Roberts December 19, 2024

• September 2024

  • FedEx admits first quarter tougher than expected in disappointing earnings report

    The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.

    By Jane Roberts September 19, 2024

• March 2024

  • FedEx earnings not great but better than Q2, a sign cuts are working

    FedEx had another rocky quarter in an economy that continues to force downward pressure on its network. This time, the company showed gains against stubborn headwinds by the stint of its own cost-cutting.

    By Jane Roberts March 21, 2024