Shipping giant FedEx (FDX - Get Report) is expected by Wall Street on Wednesday to report fiscal third-quarter earnings of $1.39 a share on revenue of $10.85 billion, up 3% from a year earlier. FedEx earned $1.55 a share in the same quarter last year. FedEx Earnings Could Be 'Lackluster,' Says Analyst
Homebuilder Lennar (LEN - Get Report) is forecast to report fiscal first-quarter earnings of 15 cents a share on revenue of $898.4 million.
Wall Street expect Cheerios maker General Mills (GIS - Get Report) to report fiscal third-quarter profit on Wednesday of 57 cents a share on revenue of $4.36 billion.
Adobe Systems' (ADBE - Get Report) fiscal first-quarter results, released on Tuesday, topped analysts' expectations. Adobe posted earnings of 35 cents a share, excluding items, on revenue of $1.01 billion. Analysts were looking for net income of 31 cents share on sales of $985.2 million. Adobe Jumps As Quarterly Profit Beat Estimates
Analysts predict Jabil Circuit (JBL) on Wednesday will report fiscal second-quarter earnings of 54 cents a share on revenue of $4.38 billion.
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