FedEx Corp. (FDX - Get Report) is expected to report adjusted net income of $828 million, or $3.16 a share, on sales of $17.1 billion after the market closes on Tuesday, based on a FactSet survey of 22 analysts.
In the same period a year ago, the company posted earnings of $3.46 a share on sales of $17.1 billion. It reported net income of $1.1 billion.
The stock has risen 11.6% since the company last reported earnings on Jun. 25.
Quarterly estimates have fallen 1 cent a share in the past month.
In the upcoming quarter, analysts are forecasting adjusted net income of $941.1 million, or $3.57 a share, on sales of $18 billion.
FedEx is currently trading at a price-to-forward-earnings ratio of 11.5 based on the 12-month estimates of 25 analysts surveyed by FactSet.
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