FedEx is scheduled to report earnings for the fiscal fourth quarter after the market close Tuesday. Here’s what you need to know:
NET INCOME: The Memphis, Tenn.-based package-shipping company is expected to report a net profit for the three months ended May 31 of $1.33 billion, or $5.23 a share, according to FactSet. This compares with reported profit of $1.54 billion, or $6.05 a share, for the same period a year earlier.
ADJUSTED EARNINGS: Stripping out one-time items, FedEx is expected to post adjusted earnings of $5.34 per share, according to FactSet.
REVENUE: FedEx’s revenue is set to rise to $22.04 billion, according to FactSet. This compares with reported revenue of $21.90 billion for the same period a year earlier.