Shipping and logistics company FedEx Corp (NYSE:FDX) is set to report second-quarter financial results after market close Tuesday, Dec. 19.
Here’s a look at the earnings estimates, what analysts are saying and key items for investors to watch.
Earnings Estimates: FedEx is expected to report second-quarter revenue of $22.405 billion, according to data from Benzinga Pro.
The total would come in shy of the $22.814 billion in revenue reported in the second quarter of the previous year.
The company has missed Street estimates for revenue in six straight quarters.
Analysts estimate FedEx will report second-quarter earnings per share of $4.20, compared to $3.18 in the year-over-year period.
The company has beaten earnings per share estimates in five straight quarters.