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Benzinga
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Goldman Sachs Trims FedEx Forecast, Cites B2B Weakness, Tariffs And Industrial Slowdown

1. Goldman Sachs lowered FDX price forecast from $328 to $315. 2. EPS estimates for Q3 FY25 cut from $4.65 to $4.40 due to transport issues. 3. FY25 EPS estimates adjusted down to $18.65 amid declining B2B parcel volumes. 4. Cost-cutting efforts and LTL investments may enhance FDX's operational leverage. 5. FDX shares fell by 0.71% to $241.77 recently.

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FAQ

Why Bearish?

Lowered EPS estimates and price forecast suggest challenging operational environment and investor confidence.

How important is it?

Analyst revisions to EPS indicate financial strain; crucial for investor planning.

Why Short Term?

Near-term earnings pressure could lead to lower investor sentiment until improvements occur.

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