FedEx (FDX) - Get Report is set to release second quarter fiscal 2017 quarterly earnings on Tuesday after the markets close. Analysts expect the shipping giant to report per share earnings of $2.89 on sales of $14.9 billion. During the same quarter a year ago, FedEx posted earnings of $2.58 a share on sales of $12.5 billion. Investors will be looking for commentary on the holiday shopping season as well as any updates on its recent acquisition of Europe-based shipping company TNT Express for 4.4 billion euros. TheStreet's Scott Gamm reports from Wall Street.