FedEx dips after soft guidance. Here's what the pros are saying - CNBC

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Market Movers rounded up the best reactions from investors and analysts on FedEx . The experts, including Jim Cramer , discussed the shipping company after it issued soft guidance for 2024. Late Tuesday, FedEx forecasted flat to low single-digit-percent revenue growth year over year for fiscal 2024. For its latest quarter, the shipping giant posted adjusted diluted earnings that beat expectations, but it missed on revenue . Bank of America reiterated FedEx as a buy, adding the company's "structure transformation" is in progress .

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June 22, 2023 at 04:00AM
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FedEx dips after soft guidance. Here's what the pros are saying - CNBC
"soft" - Google News
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