Company news: FedEx (FDX) quarterly results miss analysts’ estimates

FedEx (FDX) reported Q1 FY2025 earnings of $3.60 per share (versus $4.55 per share in Q1 FY2024), missing analysts’ consensus estimate of $4.55 per share.

The company’s quarterly revenues amounted to $21.579 bln (-0.5% y/y), missing analysts’ consensus estimate of $21.872 bln.

The company also lowered the top end of its FY2025 EPS guidance to $20.00-21.00 from its prior guidance of $20.00-22.00 versus analysts’ consensus estimate of $20.74 and lowered the FY2025 revenue guidance to low single-digit growth from its prior guidance of a low-to-mid single digit growth versus analysts’ consensus estimate of +2.3% y/y.

FDX fell to $259.50 (-13.61%) in pre-market trading.