RSS FedEx Revises FY25 Outlook

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 RSS FedEx Revises FY25 Outlook

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In its report for the second quarter, FedEx (FDX) has updated its revenue and earnings projections for fiscal year 2025. The company now anticipates that its full-year 2025 revenues will remain approximately flat compared to the previous year, a revision from the earlier forecast of a low single-digit percentage increase.

FedEx has adjusted its earnings per share expectations to a range of $16.45 to $17.45, prior to mark-to-market (MTM) retirement plan accounting adjustments. This is a decrease from the previous estimate of $17.90 to $18.90 per share. Additionally, earnings per share, excluding costs associated with business optimization initiatives, are now projected to be between $19.00 and $20.00, compared to the earlier forecast of $20.00 to $21.00 per share.

Currently, analysts surveyed by Thomson Reuters forecast the company's full-year earnings to average $19.75 per share.

John Dietrich, FedEx Corp.'s Executive Vice President and Chief Financial Officer, expressed confidence in the company's ability to enhance earnings this year, despite challenging demand conditions. He emphasized FedEx's focus on operational transformation and revenue quality improvement. Dietrich reiterated the company’s commitment to judiciously managing capital expenditures and fulfilling its promise to return $3.8 billion to shareholders during this fiscal year.

The material has been provided by InstaForex Company - www.instaforex.com
 
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