FedEx Stock Drops 11% Following Lowered 2025 Guidance

The shipping giant adjusts its revenue and earnings forecasts downward as economic challenges weigh on performance.

FedEx reported third-quarter earnings of $4.51 per share, missing analysts' expectations of $4.54, but exceeded revenue forecasts with $22.2 billion.
The company lowered its full-year revenue and earnings outlook for fiscal 2025, marking its third consecutive guidance cut this year.
FedEx's stock fell 11% on March 21, its steepest single-day decline in six months, reflecting investor concerns about economic headwinds.
Macroeconomic challenges, including industrial sector weakness and trade policy uncertainty, have significantly impacted higher-margin business-to-business shipping volumes.
Cost-cutting efforts through the DRIVE program achieved $600 million in savings during the quarter, with plans to spin off the Freight division by mid-2026.