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Barchart
Aditya Sarawgi

What You Need To Know Ahead of FedEx's Earnings Release

FedEx FDX

Memphis, Tennessee-based FedEx Corporation (FDX) is the leader in global express delivery services, providing transportation, e-commerce, and business services in the U.S. and internationally. With a market cap of $58.4 billion, FedEx operates through the FedEx Express and FedEx Freight segments.

The freight and logistics giant is expected to release its second-quarter results by mid-December. Ahead of the event, analysts expect FedEx to report an adjusted profit of $3.99 per share, down 1.5% from $4.05 per share reported in the year-ago quarter. While the company has missed analysts’ bottom-line estimates once over the past four quarters, it has surpassed the expectations on three other occasions.

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