FedEx sinks 8% after forecast cut raises trade fears - Breaking The News

FedEx sinks 8% after forecast cut raises trade fears

21 March

1 min read

EPA-EFE/PAUL SANCYA / POOL

FedEx shares fell 8% in premarket trading Friday after the company slashed its full-year earnings forecast. The company cited weakness in the industrial economy and ongoing trade uncertainty under US President Donald Trump's tariff policies.

The delivery giant now expects adjusted earnings of $18.00 to $18.60 per share for fiscal 2025, down from a previous range of $19 to $20.

At 7:35 am ET, FedEx shares dropped by 8.01%, bringing the price down to $246.21.

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