FedEx Faces Higher Costs After Cargo Plane Grounding During Peak Season
FedEx expects lower earnings after grounding MD-11 cargo planes, facing higher costs during the busy holiday shipping season.
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FedEx Q2 Earnings Beat Estimates, Raises 2026 Outlook
FedEx (FDX) reports impressive second-quarter earnings with $4.82 per share, beats expectations, and raises 2026 profit forecast as cost-cutting measures and network transformation drive growth.
FedEx Expects Profit Boost This Quarter, Easing Investor Worries
FedEx projects higher profits this quarter compared to last year, lifting investor confidence despite ongoing industry challenges and higher costs.
UPS Beats Profit Expectations as Massive Job Cuts and Cost Reduction Drive Turnaround
UPS third-quarter earnings exceed forecasts as 34,000 job cuts and strategic network changes boost profits. Shares jump 12% despite ongoing tariff challenges.
JPMorgan Downgrades FedEx Amid Freight Segment Concerns
JPMorgan downgrades FedEx from Overweight to Neutral, cutting price target to $274. Analyst cites freight segment challenges and concerns over earnings guidance.
FedEx Kicks Off Fiscal 2026 with Strong Performance and Clear Future Plans!
FedEx posted higher profits & revenue, thanks to cost cuts & strong US package volumes. They plan to spin off FedEx Freight by June 2026. Rates will rise 5.9% in Jan 2026. FedEx forecasts revenue growth despite tariff impacts, aiming for $1B in cost savings.