FedEx Corporation (NYSE:FDX) will release earnings for the first quarter, after the closing bell on Thursday, Sept. 18.
Analysts expect the Memphis, Tennessee-based company to report quarterly earnings at $3.64 per share. That’s up from $3.60 per share in the year-ago period. FedEx projects quarterly revenue of $21.67 billion, compared to $21.58 billion a year earlier, according to data from Benzinga Pro.
On June 24, FedEx reported fourth-quarter revenue of $22.2 billion, beating analyst estimates of $21.84 billion, according to Benzinga Pro. The company reported fourth-quarter adjusted earnings of $6.07 per share, beating analyst estimates of $5.87 per share.
FedEx shares gained 0.9% to close at $227.70 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort …