FedEx, Lennar, Trump Media: 3 Stocks In Focus
Brief Hosts Seana Smith and Brad Smith check in on some of the stocks moving most in Friday morning's extended-hours trading. Shares of FedEx (FDX) are plunging after the shipping company slashed its profit and revenue forecasts and missed on its fiscal first quarter earnings estimates.
Stocks to Watch: Nike, FedEx, Alliance Entertainment Holding, Arq
Alliance Entertainment Holding swung to a profit in the fourth quarter despite a drop in revenue. The company, a global distributor and wholesaler of music, movies and video games, reported per-share earnings of 9 cents on revenue of $236.
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
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"BMW's warning on the underlying business was [around] 200bps in auto Ebit margin for [the second half] but it's 350bps for Mercedes. We expect to see meaningful 2025 consensus downgrades on the back ...
The prospects of the transportation market appear robust with the upcoming holiday season, infrastructure developments, ...
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