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24.06.26 - 16:48
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Hertz Tumbles on Q2 Miss; FedEx Falls on Profit Margin Decline | Stock Movers (Bloomberg)
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On this episode of Stock Movers with Alexis Christoforous:
- Cerebras (CBRS) shares are lower after the company gave an annual sales forecast that disappointed investors. Revenue in 2026 will be $855 million to $865 million, Cerebras said, while analysts projected $824.8 million.
- FedEx (FDX) is dipping after it reported profit that beat Wall Street's expectations as the courier navigated tumultuous trade policies and rising costs. The company's profit margin for the past quarter declined to 8.4%, below analysts' expectations, due to "significant headwinds."
- Hertz (HTZ) shares are tumbling after the rental car company reported preliminary second-quarter adjusted corporate Ebitda that missed the average analyst estimate. Additionally, Hertz filed to offer $100 million of stock, lent to JPMorgan via a share lending agreement. The company won't receive any proceeds from the sale of borrowed shares. (Source: Bloomberg)...
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24.06.26 - 16:00
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FedEx Shares Down On Weak Q4 Profit, Adj. Margin, Despite Positive Outlook (RTTNews)
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Shares of FedEx Corp. were down around 7 percent in the pre-market activity on the NYSE after the logistics major reported weak earnings and adjusted operating margin for the fourth quarter, even as revenues were higher. Shares are currently down 2 percent in the regular trading. Looking ahead, the firm projects continued revenue and earnings growth momentum in June-through-December transition year....
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24.06.26 - 11:48
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FedEx Shares Down 7% On Weak Q4 Profit, Adj. Margin, Despite Positive Outlook (RTTNews)
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Shares of FedEx Corp. were losing around 6.4 percent in the pre-markt activity on the NYSE after the logistics major reported weak earnings and adjusted operating margin for the fourth quarter, even as revenues were higher. Looking ahead, the firm projects continued revenue and earnings growth momentum in June-through-December transition year. For calendar year 2026, the company expects higher......
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23.06.26 - 23:09
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Fedex erwartet 2026 mehr Gewinn (DPA-AFX)
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MEMPHIS (dpa-AFX) - Der US-Logistikkonzern FedEx erwartet nach einem überraschend guten Geschäftsjahr deutliche Zuwächse im Tagesgeschäft. Im Kalenderjahr 2026 solle der Umsatz um etwa elf Prozent steigen, teilte der ......
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23.06.26 - 22:36
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FedEx Projects Profit Growth This Year (Bloomberg)
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FedEx earnings for the fiscal fourth quarter topped Wall Street estimates and the courier is projecting that profit will grow this year. The results suggest cost-cutting efforts are working. Peter McNally of Third Bridge breaks down the earnings on "Bloomberg The Close." (Source: Bloomberg)...
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