This strategic move is expected to provide a clearer alignment of FedEx (NYSE:FDX)'s financial reporting with the calendar year, which is standard practice for many corporations. The change may also aid in comparative analysis and benchmarking within the industry and with investors who track the company's performance.

FedEx (NYSE:FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE:UPS) released a revenue forecast that fell short of market expectations, signaling weaker demand in the parcel delivery sector.

FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 fiscal-year fourth-quarter earnings.

Geneos Wealth Management Inc. trimmed its stake in FedEx Co. (NYSE:FDX – Free Report) by 12.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.

FedEx Corporation (NYSE: FDX) is once again ranked among the most admired companies in the world, according to a survey published by Fortune magazine.

Throughout its history, FedEx has been an integral part of the small- and medium-sized business (SAM) sector. The extensive FedEx network is both a vital part of the global small business supply chain and a key distribution network for those companies.

Avior Wealth Management LLC decreased its stake in FedEx Co. (NYSE:FDX – Free Report) by 64.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission.

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UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included a $639 million charge from pension costs and asset impairments.

Parcel delivery company UPS (NYSE:UPS) will be announcing earnings results tomorrow before market hours. Here’s what investors should know.