Skip Navigation

UBS slashes FedEx earnings estimates, citing tight labor market, rising wages

Published Fri, Sep 17 20216:55 AM EDTUpdated Fri, Sep 17 20219:27 AM EDT

Jesse Pound @/in/jesse-pound @jesserpound

A FedEx worker unloads packages from his delivery truck in Washington, DC.

Drew Angerer | Getty Images News

The difficulty and rising expense of hiring new workers could show up in FedEx's bottom line, according to UBS.

More In Analyst Calls

Citi names one under-the-radar stock to buy on an AI opportunity, giving it 22% upside

Citi names one under-the-radar stock to buy on an AI opportunity, giving it 22% upside

Weizhen Tanan hour ago

Here are Wednesday's biggest analyst calls: Nvidia, Netflix, Dell, GM, SunPower, Alphabet, Nio, Tesla, Exxon & more

Here are Wednesday's biggest analyst calls: Nvidia, Netflix, Dell, GM, SunPower, Alphabet, Nio, Tesla, Exxon & more

Morgan Stanley says these stocks could win as U.S.-China trade tensions resurface

Morgan Stanley says these stocks could win as U.S.-China trade tensions resurface