ຮຸ້ນ FedEx ຫຼຸດລົງ 15% ໃນຊົ່ວໂມງຫຼັງ: ຄົ້ນຫາວ່າເປັນຫຍັງ

ບໍລິສັດ FedEx (NYSE: FDX) is down nearly 15% in extended trading after the logistics company reported weak results for its fiscal first quarter and disappointed on guidance as well.

FedEx withdraws full-year guidance

The multinational earned $3.44 a share on $23.2 billion in sales. In comparison, experts had called for $5.14 and $23.6 billion, respectively.

ທ່ານ ກຳ ລັງຊອກຫາຂ່າວໄວ, ຄຳ ແນະ ນຳ ທີ່ຮ້ອນແລະການວິເຄາະຕະຫລາດບໍ?

ລົງທະບຽນ ສຳ ລັບຈົດ ໝາຍ ຂ່າວ Invezz, ມື້ນີ້.

FedEx cited lower volumes (globally) as it warned things will get even worse in the balance of the current financial year.

For the second quarter of its fiscal 2023, the Memphis-headquartered company now forecasts about $24 billion in revenue and adjusted per-share earnings of $2.75 or greater. FactSet consensus was $5.48 a share on $24.9 billion in revenue.

Still, the sell-off “may be” an opportunity to ຊື້ຫຸ້ນ FedEx since Wall Street sees in it a 65% upside from here on average. “FDX” currently trades at a price-to-earnings multiple of 14.27.

Expert reacts to FedEx preliminary results

Also on Thursday, FedEx ປະ​ກາດ a string of initiatives to “aggressively” cut costs and enhance productivity.

It, however, left its $1.50 billion stock repurchase programme unchanged. Discussing the preliminary results on CNBC’s "ປິດກະດິ່ງ: ລ່ວງເວລາ", VantageRock’s Avery Sheffield said:

We anticipate that this fall, we’ll see a lot less demand for deliveries because companies are bringing in goods so much earlier and that would lead to a meaningful decline in rates. And then we’ve seen eCommerce growth be slower than anticipated.

FedEx Ground missed company forecast by roughly $300 million in Q1. For the year, the FedEx stock is now down close to 35%.