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Sohini Mondal

Earnings Preview: What To Expect From FedEx's Report

FedEx FDX Federal Express

With a market cap of $69 billion, FedEx Corporation (FDX) is a global provider of transportation, e-commerce, and business services operating through its Federal Express and FedEx Freight segments across the United States and international markets. The company offers a broad portfolio that includes express and freight transportation, logistics and supply chain solutions, digital and printing services, and comprehensive business support offerings.

The Memphis, Tennessee-based company is set to report its earnings results after the market closes on Wednesday, Oct. 28. Ahead of this event, analysts expect FDX to report a profit of $3.45 per share, a 9.9% decline from $3.83 per share in the year-ago quarter.

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