**FedEx Stock Experiences a Sharp Decline Following Income Prediction Reduction**
The value of FedEx (FDX) shares plummeted in post-market trading on Thursday after the firm revealed a discouraging financial report for the third quarter and significantly lowered its projections for the entire year.
The delivery behemoth now anticipates that its yearly income will remain stable or decrease marginally compared to the previous year, a considerable downward adjustment from earlier forecasts. Earnings per share are likewise predicted to suffer, dropping from an initial estimate of $16.45-$17.45 to $15.15-$15.75. This is the third successive quarter in which FedEx has reduced its monetary expectations.
While FedEx was successful in growing its third-quarter income by 2% compared to the previous year, reaching $22.2 billion and surpassing analysts’ projections, adjusted profits of $1.09 billion, or $4.51 per share, did not meet Wall Street’s expectations.
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CEO Subramaniam pointed to a difficult operational landscape, including a shorter peak delivery period and severe weather occurrences, as contributing elements.
In addition to this, FedEx revealed intentions in December to separate its freight division into a distinct business.
As of the market closure, FedEx shares had already decreased by about 12% since 2025, and the after-hours trading decline pushed the losses even further, exceeding 5%.
