FedEx cuts FY25 EPS ex-items view to $20-$21 from $20-$22, consensus $20.71

Cuts FY25 revenue growth view to low single digits from low-to-mid single digits. “Our revised outlook reflects our continued confidence in the execution of our DRIVE initiatives and the effects of our recent pricing actions, which we expect to help offset weaker-than-expected demand trends,” said John Dietrich, FedEx Corp. executive vice president and chief financial officer. “We will continue to manage our capital prudently, and remain committed to our plan to return $3.8 billion to stockholders this fiscal year.”