Fedex Profit Beats Estimates Warns Of Pain In 2020 From

Fedex Profit Beats Estimates Warns Of Pain In 2020 From

Fedex Profit Beats Estimates Warns Of Pain In 2020 From

Fedex profit beats estimates, warns of pain in 2020 from trade war. (reuters) package delivery company fedex corp beat wall street estimates for quarterly profit on tuesday, but warned that u.s. (reuters) package delivery company fedex corp beat wall street estimates for quarterly profit on tuesday, but warned that u.s. china trade tensions and the non renewal of its contract with amazon inc would hurt its fiscal 2020 performance. shares of the company recouped from initial losses and were last up 1.4% at $157.76 in extended trading. Fedex forecast a mid single digit percentage point decline in adjusted earnings for fiscal 2020. fedex profit beats estimates, warns of pain in 2020 from trade war. by sanjana shivdas and. Fedex profit beats estimates, warns of pain in 2020 from trade war breaking news get actionable insights with investingpro : start 7 day free trial register here. Fedex profit beats estimates, warns of pain in 2020 from trade war (reuters) package delivery company fedex corp beat wall street estimates for quarterly profit on tuesday, but warned that u.s. china trade tensions and the non renewal of its contract with amazon inc would hurt its fiscal 2020 performance.

Fedex Profit Beats Estimates Warns Of Trade War Impact

Fedex Profit Beats Estimates Warns Of Trade War Impact

Package delivery company fedex corp beat wall street estimates for quarterly profit on tuesday, but warned that u.s. china trade tensions and the non renewal of its contract with amazon inc. The united states and china have waged an 11 month trade war marked by tit for tat tariffs on hundreds of billions of dollars of each others’ goods, roiling financial markets, disrupting supply chains and crimping global economic growth prospects. "our fiscal 2020 performance is being negatively affected by continued weakness in global trade and industrial production, especially at fedex. Package delivery company fedex corp beat wall street estimates for quarterly profit on tuesday, but warned that u.s. china trade tensions and the non renewal….

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